Malaysia’s central bank governor Zeti Akhtar Aziz said on Tuesday there was likely to be improvements in third quarter economic growth thanks to strong trade and domestic consumption.
“There were improvements in the third quarter but we will see to what extent the improvements are — whether it is more than 4.5 percent or whether it is closer to five percent,” Zeti told reporters in the Malaysian capital.
“From indicators of trade, that we saw, consumption demand and government implementation of some projects — these are all positive trends. And financing continued to be quite strong during the quarter,” she added.
Malaysia is set to announce its third quarter gross domestic product data on Nov 18. -- Reuters
“There were improvements in the third quarter but we will see to what extent the improvements are — whether it is more than 4.5 percent or whether it is closer to five percent,” Zeti told reporters in the Malaysian capital.
“From indicators of trade, that we saw, consumption demand and government implementation of some projects — these are all positive trends. And financing continued to be quite strong during the quarter,” she added.
Malaysia is set to announce its third quarter gross domestic product data on Nov 18. -- Reuters
