Recently published research from Business Monitor International, "Malaysia Business Forecast Report Q2 2014", is now available at Fast Market Research
Boston, MA -- (SBWIRE) -- 02/21/2014 -- The Malaysian economy is likely to expand at an average of 4.2% over the next five years (2014-2018). Although this is by no means spectacular given that growth has averaged 5.0% over the last decade, we note that this is largely due to the rebalancing of the Malaysian economy towards domestic demand. We expect private sector investment to be a major source of growth for the economy, with GFCF as a share of nominal GDP rising steadily from around 25.6% in 2012 to 28.8% by 2017.
We view the newly announced fiscal budget as a major step in getting the government's finances back in order. We forecast Malaysia's budget deficit to narrow from an estimated 4.9% of GDP in 2013 to 1.0% by 2018, with the bulk of the reduction coming from 2015 onwards due to the implementation of the Goods and Services Tax (GST).
View Full Report Details and Table of Contents
We expect inflationary pressures in 2014 to be kept in check by a host of factors including cooling money supply growth, declining global grain prices, and subdued regional economic growth. Unless, we see a sharp rebound in grain prices over the coming months (not our core view), we believe that food price inflationary pressures will be capped in 2014.
Major Forecast Changes
We have revised our average headline consumer price inflation (CPI) forecast to 2.9% for 2014 (up from 2.5% previously). This is to reflect the one-off impact of the electricity price hike implemented by the government in January.
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Country Reports research reports at Fast Market Research
You may also be interested in these related reports:
- Oman and Yemen Business Forecast Report Q2 2014
- Kuwait Business Forecast Report Q2 2014
- Canada Business Forecast Report Q2 2014
- Chile Business Forecast Report Q2 2014
- Hong Kong Business Forecast Report Q2 2014
- Croatia Business Forecast Report Q2 2014
- Japan Business Forecast Report Q2 2014
- Hungary Business Forecast Report Q2 2014
- Botswana Business Forecast Report Q2 2014
- Brazil Business Forecast Report Q2 2014
Copyright © 2005-2014 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)