MIDF Research upgrades Malaysia's 2022 GDP forecast to 6.6%

MIDF Research has upgraded its growth target for Malaysia’s economy to 6.6% from 6.0% estimated earlier, following a stronger-than-expected gross domestic product (GDP) release in the second quarter of 2022 (2Q22).

继 2022 年第二季度（2Q22）发布强于预期的国内生产总值（GDP）后，MIDF Research 已将马来西亚经济的增长目标从之前估计的 6.0% 上调至 6.6%。

In a note on 1st September, MIDF Research said reading from the better prospects as indicated by the Leading Index, it foresees the momentum of growth continuing into the second half of the year.

MIDF Research 在9 月 1 日的一份报告中表示，从领先指数所显示的更好前景来看，它预计增长势头将持续到今年下半年。

“This will be backed by increased spending and business activities as the economy transitions into the endemic phase of Covid-19 with relaxed restrictions and rising tourist arrivals.

“随着经济过渡到 Covid-19 流行阶段，放宽限制和游客人数增加，这将得到增加的支出和商业活动的支持。

“While measures like the Bantuan Keluarga Malaysia cash handouts and the Employees Provident Fund withdrawals helped to boost spending in 2QCY22, we may see a more normalised growth for domestic spending towards the latter part of the year,” it said.

它说：“虽然马来西亚 Bantuan Keluarga 现金发放和雇员公积金提款等措施有助于增加 2QCY22 的支出，但我们可能会看到今年下半年国内支出的增长更加正常化。”

MIDF Research noted that improving the labour market and better income prospects will continue to support domestic spending activity.

MIDF Research 指出，改善劳动力市场和改善收入前景将继续支持国内支出​​活动。

For external trade, the research firm expects the growing external demand, especially for electrical and electronics (E&E), petroleum and palm oil, to also support the growth outlook this year.

对于对外贸易，该研究公司预计，不断增长的外部需求，特别是对电气和电子 (E&E)、石油和棕榈油的需求，也将支持今年的增长前景。

“However, we are cautious of possible downside risks from the external front such as weaker growth prospects in major trading partners (China and the US), escalation of geopolitical tensions and continued disruption in the global supply chain.

“然而，我们对外部可能的下行风险持谨慎态度，例如主要贸易伙伴（中国和美国）的增长前景疲软、地缘政治紧张局势升级以及全球供应链的持续中断。

“Despite these external uncertainties, we opine the above 6.0% growth can be achieved given the strength and the sustained improvement in domestic demand,” it added.

“尽管存在这些外部不确定性，但鉴于国内需求的强劲和持续改善，我们认为可以实现上述 6.0% 的增长，”它补充说。