But the rising cost of living weighs on sentimentMALAYSIA’s economic growth has trumped expectations by quite a significant margin. Despite the optimism, there still seems to be a disconnect between the country’s strong GDP growth numbers and the reality on the ground. The man on the street in general continue to think that they are not positively impacted by the country’s robust economic growth. According to Lee, Malaysia’s economic and financial fundamentals would support continued expansion of the country’s economic growth in 2018. “Overall, we believe the pick-up in third-quarter GDP growth poses upside risks to our full-year 2017 forecast... we also see upside risks to our 2018 GDP growth forecast,” Paracuelles wrote in an email.

Source: The Star November 17, 2017 23:48 UTC