KUALA LUMPUR, July 18 (Xinhua) -- Malaysia's gross domestic product (GDP) is estimated to grow 4.5 percent year-on-year in the second quarter, fueled by robust domestic demand amidst global headwinds, an official survey showed Friday.
The Department of Statistics Malaysia (DOSM) said in a statement that advance estimates indicate that Malaysia's economic growth in the second quarter will be slightly outpacing the 4.4 percent expansion in the previous quarter.
Growth momentum was sustained in April and May, with stronger performance anticipated in June.
As a whole, the economy is estimated to have grown moderately by 4.4 percent in the first half of 2025.
"Malaysia's economy continued its expansion in the second quarter of 2025, buoyed by resilient consumer demand despite prevailing global headwinds. Domestic consumption remained the key driver, significantly boosted by the lingering effects of public sector wage adjustments, school holidays and seasonal spending," DOSM said.
The statement added that a stable labor market, together with low unemployment and inflation rates, further reinforced household spending. ■
