Malaysia Warns of Export Slowdown After Economy Grows 4.4%

Malaysia’s growth missed official estimates in the second quarter, though the central bank said the economy is strong enough to weather an expected export slowdown due to US tariffs.

Gross domestic product rose 4.4% in the April-June period from a year earlier, slower than the 4.5% advance estimate and the median forecast in a Bloomberg survey, but matching the pace of the first quarter. The economy expanded 2.1% from the previous three months, Malaysia’s central bank and statistics department said Friday.