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Knowledge for policy

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  • Publication | 2023

Malaysia Economic Monitor October 2023

Global Food and Nutrition Security

  • Malaysia's economic growth has moderated to 2.9% in Q2 2023, down from 5.6% in Q1 2023, amidst subdued external demand and a global technology downcycle.

  • The external sector, particularly exports, contracted by 11.1% in Q2 2023, reflecting a downturn in global demand across all products.

  • Despite external pressures, domestic sectors, particularly private and public investment and consumption, have provided some support to economic growth.