Due to the changing external conditions, we have lowered our 2025 GDP growth forecast for Malaysia by 0.3ppts to 3.7%. That would be a slowdown from the 5.1% expansion in 2024 and short of the government's 4%-5% target. Despite the slowdown, growing inflationary risks and currency pressures suggest Bank Negara Malaysia is unlikely to alter its policy rate this year.
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook