Malaysia: Q1 slowdown masks resilience to energy shock

17th April 2026

GDP growth in Malaysia slowed in the first quarter of the year, but the slowdown cannot be attributed to the conflict in the Middle East. The country is better placed than most in the region to deal with the consequences of higher global energy prices. And with inflation set to remain low thanks to government subsidies, we expect the central bank to leave interest rates unchanged this year.

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Malaysia: Q1 slowdown masks resilience to energy shock

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