Financial News: Malaysia Central Bank Forecasts 4-4.8% GDP Growth In

Malaysia Central Bank Forecasts 4-4.8% GDP Growth In 2025

07/28/2025 - 03:31:00 (RTTNews)

(RTTNews) - Malaysia's economy remains on a strong footing despite challenging external trade situation, the Bank Negara Malaysia said Monday.

The central bank projected the economy to expand between 4 percent and 4.8 percent this year. Favorable outcome of trade negotiation, pro-growth policies in major economies, continued demand for electrical and electronic goods and strong tourism activity could lift Malaysia's exports and growth prospects, the central bank said.

Advance GDP estimates released earlier this month showed that the economy grew 4.5 percent in the second quarter after rising 4.4 percent in the first quarter.

Bank Negara Malaysia Governor Abdul Rasheed Ghaffour said the Malaysian economy remains resilient despite global uncertainties.

"This is, in part, the outcome of structural reforms that we have undertaken over the years," he added.

"The sustained strength in economic activity and moderate inflation provides a supportive environment to pursue structural reforms for a more resilient and competitive Malaysia in the future," the governor said.

After taking into account the more moderate cost and demand outlook, the bank forecast headline inflation to average 1.5 percent to 2.3 percent in 2025.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

German Inflation Accelerates To 2.2% In August (06 hr(s), 36 min(s), 49 sec(s) ago)
(RTTNews) - Consumer price inflation in Germany climbed in August to its highest level in five mon ...Full Story»

Poland Inflation Eases To 14-month Low (12 hr(s), 34 min(s), 49 sec(s) ago)
(RTTNews) - Poland's consumer price inflation slowed further in August to the lowest level in ...Full Story»

U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August (12 hr(s), 39 min(s), 49 sec(s) ago)
(RTTNews) - The University of Michigan released a report on Friday showing consumer sentiment in t ...Full Story»

Portugal GDP Growth Improves As Estimated, Inflation Rises (12 hr(s), 48 min(s), 49 sec(s) ago)
(RTTNews) - Portugal's economic growth accelerated as initially estimated in the second quart ...Full Story»

Chicago Business Barometer Slumps Much More Than Expected In August (12 hr(s), 57 min(s), 49 sec(s) ago)
(RTTNews) - MNI Indicators released a report on Friday showing a sharp pullback by its reading on ...Full Story»

Spain Inflation Steady At 2.7%; Retail Sales Growth Eases (13 hr(s), 39 min(s), 49 sec(s) ago)
(RTTNews) - Spain's consumer price inflation remained stable in August and retail sales growth ...Full Story»

U.S. Consumer Prices Increase In Line With Estimates In July (13 hr(s), 41 min(s), 49 sec(s) ago)
(RTTNews) - Consumer prices in the U.S. increased in line with economist estimates in the month of ...Full Story»

Czech GDP Growth Eases Less Than Estimated (13 hr(s), 49 min(s), 49 sec(s) ago)
(RTTNews) - The Czech Republic's economic growth moderated less than initially estimated in t ...Full Story»