Growth surges to 5.8%, but momentum set to fade in 2H26
The Department of Statistics (DOSM) advance estimate showed growth accelerated to 5.8% in 2Q26 (1Q26: 5.4%), slightly above our forecast of 5.7% and well above Bloomberg's consensus of 5.2%.
- On a seasonally adjusted QoQ basis, growth rebounded 1.7% (1Q26: -4.4%) signalling a strong recovery in economic activity. DOSM will release the official 2Q26 GDP figures, including detailed demand and supply breakdowns, on 14 August.
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