Economy

Malaysia's economy grew 5.3% year-on-year in Q1 2026, official advance estimate shows

Asia / Malaysia3 views1 min
Malaysia's economy grew 5.3% year-on-year in Q1 2026, official advance estimate shows

Malaysia's economy grew 5.3% year-on-year in Q1 2026, driven by manufacturing, services, and construction sectors. The growth moderated from 6.3% in Q4 2025 due to slowed activity in key sectors.

Malaysia's economy expanded 5.3% in Q1 2026, according to official advance estimates. The growth was driven by the manufacturing, services, and construction sectors. The mining and quarrying sector declined 1.1% due to lower crude oil and natural gas production. The central bank had previously lifted its 2026 growth forecast to 4-5%. Consumer prices rose 1.7% in March from a year earlier. Final Q1 figures are expected on May 15.

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