KUALA LUMPUR, Malaysia—Malaysia’s weakening economic expansion has spilled into Prime Minister Mahathir Mohamad’s new term, with quarterly growth at its lowest level since 2016.
Second-quarter gross domestic product growth was 4.5%, the slowest since the fourth quarter of 2016, when the economy grew at similar pace, according to Bank Negara Malaysia. It was lower than the 5.4% logged in the first quarter and weaker than the median 5.2% growth forecast from a Wall Street Journal poll of 11 economists.
...