Economy contracts by 17.1% in Q2 | The Malaysian Insight

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Economy contracts by 17.1% in Q2

A trader preparing ikan bilis at the Filipino market in Kota Kinabalu. Although Malaysia is now in the recovery MCO phase, the Covid-19 pandemic hit the economy badly. – The Malaysian Insight pic by Irwan Majid, August 14, 2020.

MALAYSIA’S gross domestic product contracted by 17.1% in 2020 , the lowest quarterly performance since the Asian financial crisis in 1998.Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

Source: Financial Digest (financialdigest.net)

 

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