# Another upside surprise from Malaysia’s growth | articles | ING THINK

> Malaysia's GDP grew 5.9% year on year in the fourth quarter of 2017, above the 5.8% consensus, marking the sixth straight quarter of upside surprises. Full-year 2017 growth of 5.9% beat the official forecast. Strong domestic spending and better terms of trade from higher commodity prices drove the expansion.

- Date: 2018-02-14 · published 2018-02-14T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/66760-another-upside-surprise-from-malaysia-s-growth-articles-ing-think
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Strong growth supports the ringgit and allows Bank Negara to keep normalizing policy, which can lower dollar-priced import costs for Malaysian feed buyers. Higher commodity prices also improve Malaysia's terms of trade.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- think.ing.com: https://think.ing.com/articles/another-upside-surprise-from-malaysias-growth/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.