KUALA LUMPUR, AUG 14 — Malaysia’s economy expanded by 6 per cent in the second quarter of 2026, bringing first-half growth to 5.7 per cent.
Bank Negara Malaysia Governor Datuk Abdul Rasheed Ghaffour said growth remained broad-based, supported by domestic demand and strong export performance.
“Both electrical and electronics (E&E) and non-E&E exports were growing, alongside support from ICT services,” Abdul Rasheed told a joint press conference here today.
The services sector grew 5.9 per cent, manufacturing 7.3 per cent, mining and quarrying 9.2 per cent, and construction 6.5 per cent, while agriculture contracted 3.7 per cent.
Private consumption increased 4.8 per cent, while private investment rose 4.3 per cent.
Abdul Rasheed said growth for the full year was expected to be around 5 per cent, although BNM would retain its existing 4 to 5 per cent forecast range for now.
MORE TO COME
Date: 14 August, 2026 1:00 pm
Source: Malay Mail
💬 Join the Conversation! 💬
We’ve disabled comments on our posts and pages to keep the discussions organized and lively! But don’t worry – the conversation isn’t over. Head over to our forum and share your thoughts, ideas, and feedback with the community! It’s the perfect place to connect, learn, and engage with others who care about the same things. We can’t wait to hear from you!