Malaysia Economic Growth Slows as Exports\, Investments Slide

Malaysia Economic Growth Slows as Exports, Investments Slide

(Bloomberg) -- Malaysia’s economy grew at a slower pace in the first quarter than the previous three months, dragged down by weaker trade and investment in the export-reliant nation.

Gross domestic product expanded 4.5% from a year ago, down from 4.7% in the fourth quarter, the central bank said in Kuala Lumpur on Thursday. The median estimate in a Bloomberg survey of 22 economists was for growth of 4.3%.

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