Malaysia Expects Q4 Gdp to have slowed Versus Previous Quarters: Standard Chartered





Quotes from Standard Chartered Malaysia is due to release Q4-2014 GDP and current account data on 12 February. We expect GDP growth to have slowed to 5.0% y/y from an average 6.1% in the first nine months of the year. This would translate into full-year growth of 5.8%, the fastest since 2010, despite the slowdown towards end-2014. We expect net external demand to have contributed positively to growth, unlike in recent years. Malaysia forecast challenges to growth, particularly in Q1-2015, on lower global oil prices. We expect the current account balance to have narrowed to MYR 6.2bn in Q4 from MYR 7.6bn in Q3.


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