CatalystMacro
MALAYSIA ON TRACK TO EXCEED 2026 GDP GROWTH FORECAST
Malaysia signals upside to 2026 GDP forecast, a macro growth catalyst.
Context
What happened: Malaysia's economy grew 5.3 per cent in 3Q 2026 and 5.5 per cent over the first nine months, putting it on track to exceed the official 2026 GDP growth forecast of 4.8 to 5.3 per cent, economists said.
Key numbers: 3Q 2026 GDP growth 5.3 per cent; prior quarter 6.0 per cent; first nine months 5.5 per cent versus 4.8 per
Why it matters: Economists called the reading a positive surprise and flagged upside risk to forecasts, with domestic demand and E&E exports seen sustaining momentum. CIMB and RHB IB expect Bank Negara Malaysia to hold the OPR at 2.75 per cent in November.
What changed
Malaysia's economy grew 5.3 per cent in 3Q 2026 and 5.5 per cent over the first nine months, putting it on track to exceed the official 2026 GDP growth forecast of 4.8 to 5.3 per cent, economists said.
Why it matters
Economists called the reading a positive surprise and flagged upside risk to forecasts, with domestic demand and E&E exports seen sustaining momentum. CIMB and RHB IB expect Bank Negara Malaysia to hold the OPR at 2.75 per cent in November.