Investment, too, is expected to moderate this year. Private investment
is forecast to grow at a double-digit pace, but below last year’s 22.0%.
Large investments are planned for the oil and gas industry, for property
developments, and to expand services. Credit to the private sector
accelerated to 12.3% ...
in January 2013 (Figure 3.26.7). As for public
investment, the government is pushing ahead with its Economic
Transformation Programme while also proposing to gradually rein in
its fiscal deficit. The result is expected to be somewhat slower growth in
public investment in the forecast period.
On the production side, solid growth in private consumption will
boost the service sector, assisted by investments being made in high-
speed broadband and wireless technologies, but the pace of growth is
expected to decelerate from 2012. Manufacturing will get a lift, mainly in
2014 when recovery gathers momentum in major industrial economies.
Production of natural gas and oil will increase this year as investment
to develop new fields and enhance recovery at existing oil fields pays
dividends. Agriculture is forecast to recover this year, but growth in
construction will subside from last year’s high rate.
Source: CEIC Data Company (accessed 4 April 2013). - http://www.ceicdata.com/countrydata?country=MY&dataset=Consumer%20Price%20Index%3A%20Y-o-Y%20Growth
Never miss a thing with our weekly newsletter. We'll send you the latest and greatest infographics, news and all things Visually.
Go ahead, you can always opt out anytime with just one click.
Copy the code below
Newsletters are boring. So we made ours visual. Subscribe now.
Tell your story visually before December 31st and get a free iPad Air!*
The holidays are a great time to tell your brand story. From Black Friday trends and Mobile Shopping guides to the Best and Worst Times to Book Travel and Thanksgiving etiquette, the Visually team will help you craft your brand's unique stories and raise your social profile during the noisy holiday season.