Malaysian economy and BNM
Economy Malaysia: 14.2% GDP growth for Q3 2022. Super high, good or just okay?
GDP growth number is always a comparison with the same period a year ago. Thus, a high number for Q3 2022 may also because of a low or negative number for Q3 2021. Nevertheless, please do not take away from the fact that a growing economy is still a growing economy and to look into details as to where the growth is coming from. Thus, if I am to rate the Q3 2022 growth, we cannot say this is super high because it was a comparison. It cannot be just okay because in comparison to countries around the region, this is definitely very encouraging indeed.
