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BNM: Malaysia GDP contracted 17.1% in 2Q20, worst decline since 4Q98

Summary: 2Q GDP contracted by 17.1%, but GDP expected to improve to between 5.5% and 8% in 2021 Construction ⬇️44.5%Mining and quarrying ⬇️20%Manufacturing ⬇️18.3%Services ⬇️16.2%Agriculture ⬆️1% Domestic demand ⬇️18.7%Private consumption ⬇️18.5%Private investment ⬇️26.4% Public consumption ⬆️2.3%Public investment ⬇️38.7% Exports ⬇️21.7%Imports ⬇️19.7% KUALA… Read More »BNM: Malaysia GDP contracted 17.1% in 2Q20, worst decline since 4Q98