Economy / Malaysia
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Macroeconomic Forecast Malaysia
July 2006 | Macroeconomic ForecastsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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BMI View: Malaysia's performance in 2006 is going to be dependent upon the external economy. Domestic demand is certain flag, as the effects of monetary tightening and high inflation begin to pinch consumer confidence. Debt levels among Malaysian consumers have increased over the past few years meaning that interest rate hikes could have a greater effect on spending than in the past. We are therefore looking for the external demand to drive the economy. Although the global economy is going to remain fairly buoyant in the second half of the year, some slowdown is to be expected, as a result