Malaysia's economy grew 5.8% yr/yr in Q2, official advance estimate shows
- The statistics department said that growth in the first half of the year was 5.6%, compared with 4.5% in the first half of 2025
KUALA LUMPUR: Malaysia’s economy grew 5.8% in the second quarter from a year earlier, official advance estimates showed on Friday, with the acceleration from 5.4% growth in the first quarter supported by growth in all economic sectors apart from agriculture.
The statistics department said that growth in the first half of the year was 5.6%, compared with 4.5% in the first half of 2025.
Services remained the main driver of growth, the department said, while the pace of activity in manufacturing and mining picked up from the first quarter.
The agriculture sector contracted by 3.7% from a year earlier.
Last week, the central bank held its benchmark interest rate at 2.75% for the sixth straight policy meeting.
Bank Negara Malaysia expects growth of between 4% and 5% this year, easing slightly from 5.2% in 2025, though it has warned that the Middle East crisis was a risk to its outlook.
It expects inflationary pressures to remain contained despite elevated commodity prices, in part due to fuel subsidies that have largely shielded the economy from volatility in global oil markets. Separate data released on Friday showed consumer prices rising 1.9% in June from a year earlier, below the median forecast from analysts and a 2% increase in May.