{"id":39172,"date":"2015-08-13T04:09:37","date_gmt":"2015-08-12T20:09:37","guid":{"rendered":"https:\/\/investpenang.gov.my\/malaysias-2q-economic-growth-slows-to-4-9\/"},"modified":"2025-11-28T12:34:58","modified_gmt":"2025-11-28T04:34:58","slug":"malaysias-2q-economic-growth-slows-to-4-9","status":"publish","type":"post","link":"https:\/\/investpenang.gov.my\/zh-hans\/malaysias-2q-economic-growth-slows-to-4-9\/","title":{"rendered":"Malaysia\u2019s 2Q economic growth slows to 4.9%"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; el_class=&#8221;sec-inner-banner&#8221; css=&#8221;.vc_custom_1703741584745{background-image: url(https:\/\/investpenang.gov.my\/wp-content\/uploads\/2023\/12\/contact-banner-bg.jpg?id=20253) !important;}&#8221; z_index=&#8221;&#8221;][vc_column][vc_row_inner row_type=&#8221;row&#8221; type=&#8221;grid&#8221; text_align=&#8221;left&#8221; css_animation=&#8221;&#8221; el_class=&#8221;inner-banner-row&#8221;][vc_column_inner][vc_column_text]<\/p>\n<h1 style=\"text-align: center;\">Malaysia&#8217;s 2Q economic growth slows to 4.9%<\/h1>\n<p>[\/vc_column_text][vc_separator type=&#8221;normal&#8221; el_class=&#8221;red-separator&#8221; color=&#8221;#ee4023&#8243; transparency=&#8221;1&#8243; thickness=&#8221;2&#8243; up=&#8221;15&#8243; down=&#8221;15&#8243;][vc_column_text el_class=&#8221;white-text&#8221;]<\/p>\n<p style=\"text-align: center;\">13 August 2015<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; css=&#8221;.vc_custom_1703764846254{background-color: #f3f5f8 !important;}&#8221; z_index=&#8221;&#8221;][vc_column el_class=&#8221;fade-in animate&#8221;][vc_empty_space height=&#8221;120px&#8221; el_class=&#8221;height-x120&#8243;][vc_row_inner row_type=&#8221;row&#8221; type=&#8221;grid&#8221; text_align=&#8221;left&#8221; css_animation=&#8221;&#8221;][vc_column_inner][vc_single_image image=&#8221;29193&#8243; img_size=&#8221;full&#8221; qode_css_animation=&#8221;&#8221; el_class=&#8221;single-featured-image&#8221;][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=&#8221;60px&#8221; el_class=&#8221;height-x60&#8243;][vc_row_inner row_type=&#8221;row&#8221; type=&#8221;grid&#8221; text_align=&#8221;left&#8221; css_animation=&#8221;&#8221; el_class=&#8221;content-row&#8221;][vc_column_inner][vc_column_text]KUALA LUMPUR (Aug 13): Malaysia&#8217;s second quarter (2Q15) economic growth slowed to 4.9% from a year earlier on lower exports and as domestic consumption expanded at a weaker pace.<\/p>\n<p>In a statement today, the\u00a0Statistics Department\u00a0said the country&#8217;s 2Q15 economic growth as measured by its gross domestic product (GDP), slowed from 5.6% in 1Q15.<\/p>\n<p>&#8220;(2Q15) Exports dropped further to negative 3.7% reflected by the subdued performance in exports of goods and services. Meanwhile, imports also posted a negative growth of 2.8% due to a contraction in imports of goods.<\/p>\n<p>&#8220;Private final consumption expenditure grew at 6.4% (Q12015: 8.8%). The growth was driven by the consumption on food and beverages, housing and utilities, communication and transportation,&#8221; the department said.<\/p>\n<p>Cumulative 1H15 GDP growth also slowed to 5.3%\u00a0 from a year earlier. In 1H14, GDP expanded 6.4%. In quarterly terms, 2Q15 GDP rose 1.1% from the preceding quarter.<\/p>\n<p>On the supply side, the department said the services and manufacturing sectors grew 5% and 4.2% respectively from a year earlier.<\/p>\n<p>The mining and quarrying industry expanded 6%.<\/p>\n<p>&#8220;Mining and quarrying sector, which accounted for 9.1% of Malaysia\u2019s economy, moderated to 6.0% (Q1 2015: 9.6%). The slower growth in this quarter was influenced by the decline in production of natural gas and moderation in production of crude oil,&#8221; the department said.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=&#8221;120px&#8221; el_class=&#8221;height-x120&#8243;][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"events-time-box\">\n<h2>13<\/h2>\n<div>\n<p>Thu<\/p>\n<p>August \u201815<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"author":2,"featured_media":29193,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[316],"tags":[],"news_year":[273],"news_month":[226],"local_insights_alphabet":[],"acf":[],"_links":{"self":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/39172"}],"collection":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/comments?post=39172"}],"version-history":[{"count":2,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/39172\/revisions"}],"predecessor-version":[{"id":39174,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/posts\/39172\/revisions\/39174"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media\/29193"}],"wp:attachment":[{"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/media?parent=39172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/categories?post=39172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/tags?post=39172"},{"taxonomy":"news_year","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_year?post=39172"},{"taxonomy":"news_month","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/news_month?post=39172"},{"taxonomy":"local_insights_alphabet","embeddable":true,"href":"https:\/\/investpenang.gov.my\/zh-hans\/wp-json\/wp\/v2\/local_insights_alphabet?post=39172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}