Quarterly Bulletin 1Q 2021
The BNM Quarterly Bulletin presents a quarterly review of Malaysia’s economic, monetary and financial developments. It includes the Bank’s latest assessments on the direction of the economy going forward. The Bulletin also provides insights on current economic and financial issues, including highlights of policy initiatives undertaken by Bank Negara Malaysia in pursuit of its mandates.
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Smaller GDP contraction, while headline inflation turned positive
in 1Q 2021
- Growth was supported mainly by the improvement in domestic demand and strong exports performance
- Positive inflation due to base effect from fuel prices and lapse in impact of electricity tariff rebates