Malaysia's economy grew at a slower pace of 4.2% in the first quarter of 2016, due to slower growth in the manufacturing and services sectors, In the Q1, 2016, all sectors on the production side posted a positive growth except for agriculture. The continuous expansion in the devices, manufacturing and construction has led the growth and remained as the main catalyst. Q1 2016 GDP versus Q4 2015
The services sector expanded at 5.1% (Q4, 2015: 5.0%) supported by the wholesale & retail trade and information & communication.
The manufacturing sector grew 4.5% (Q4, 2015: 5.0%) supported by the electrical, electronic & optical products, mainly in semiconductors, computers and peripheral equipment etc.