Malaysia's GDP growth inches up to 3.3% but remains lackluster

Q3 figures show domestic sector expansion offset by weak external demand

20231116 Malaysia view

A view of Kuala Lumpur: Malaysia's economy grew 3.3% in the July to September quarter from a year earlier, with domestic growth helping to offset weak demand from abroad. © Reuters

NORMAN GOH, Nikkei staff writer

KUALA LUMPUR -- Malaysia's economy grew 3.3% from a year earlier in the July to September quarter, marking another quarter of lackluster growth for the Southeast Asian manufacturing hub due to weak exports, according to official data released Friday by the country's central bank.

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