KUALA LUMPUR (Reuters) – Malaysia’s economy in the fourth quarter grew 7% from a year earlier on continued expansion in domestic demand and resilient demand for electrical and electronics goods, Bank Negara Malaysia Governor Nor Shamsiah Mohd Yunus said on Friday.
Gross domestic product (GDP) for all of 2022 had been 8.7% higher than in 2021, she said.
Economists polled by Reuters had expected the central bank to report October-December GDP 6.6% higher than in the same period of 2021, slowing from the 14.2% annual growth seen in the third quarter.
(Reporting by Rozanna Latiff and Mei Mei Chu; Editing by Bradley Perrett)
