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null Quarterly Bulletin 4Q 2021

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Quarterly Bulletin 4Q 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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GDP expanded amid easing of containment measures in 4Q 2021

  • GDP growth rebounded to 3.6%
  • Domestic activities gradually improved while external trade remained strong

 

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Headline inflation increased in 4Q 2021, driven mainly by the lapse in electricity bill discounts

  • Key drivers of higher inflation in 4Q 2021

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Contents

  • Key Highlights
  • International Economic Environment
  • Developments in the Malaysian Economy
  • Box Article: Expansion of the Measure on Reserve Coverage of Imports – from Retained Imports to Imports of Goods and Services
  • Monetary and Financial Developments
  • The Bank’s Policy Considerations
  • Macroeconomic Outlook
  • Annex
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