Malaysia 2Q GDP Forecast To Expand 4.5 Pct, Fuelled By Robust Domestic Demand -- DOSM
KUALA LUMPUR, July 18 (Bernama) -- Malaysia's economy is forecast to grow by 4.5 per cent in the second quarter of 2025 (2Q 2025) based on advance gross domestic product (GDP) estimates, slightly outpacing previous quarter's 4.4 per cent.
Growth is expected to be driven by robust domestic demand amid global headwinds, according to the Statistics Department Malaysia (DOSM).
In a statement today, DOSM said growth momentum was sustained in April and May, with a stronger performance anticipated in June.
"Overall, the economy is estimated to have grown moderately by 4.4 per cent in the first half of 2025," it said.
Chief statistician Datuk Seri Mohd Uzir Mahidin said domestic consumption remained the key driver, significantly boosted by the lingering effects of public sector wage adjustments, school holidays and seasonal spending during both Hari Raya Aidilfitri and Hari Raya Aidiladha.
A stable labour market, together with low unemployment and inflation rates, further reinforced household spending.
'Cash assistance programmes such as Sumbangan Asas Rahmah and Sumbangan Tunai Rahmah also contributed to sustaining household consumption during the quarter," he said.
Mohd Uzir noted that the manufacturing sector experienced varied performance in 2Q, growing by 5.6 per cent in April and moderating to 2.8 per cent in May.
"This growth was largely attributed to sustained activity in the electrical and electronics sub-sector and robust demand from domestic-oriented industries, as indicated by the Industrial Production Index.
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