Malaysia Institute Of Economic Research Forecasts Economy To Grow 4.5% In 2019

© Nikkei Markets

KUALA LUMPUR (Jan 30) — Malaysia Institute of Economic Research Wednesday forecast the country’s economy to grow 4.5% in 2019 and between 4.5% and 5.5% next year.

“We are on track to be a high-income economy. No doubt about it,” said MIER Executive Director Zakariah Abdul Rashid.

Meanwhile, Malaysia’s consumer sentiment index fell to 96.8 points in the final quarter of 2018 from 107.4 points in the preceding quarter, MIER said. 

– By Gan Pei Ling
– Edited By Abhrajit Gangopadhyay

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