Petaling Jaya, 25 September 2026 – Malaysia’s economy expanded 6% in the second quarter of 2026, lifting first-half growth to 5.7%, yet the headline pace conceals a less even domestic picture. At an economic outlook forum, AmBank Group chief economist Firdaos Rosli argued that the forthcoming Budget 2027 will need to do more than preserve aggregate growth: it must help spread gains across households and businesses.
Private consumption rose 4.8% in the second quarter, only slightly above 4.7% in the first, according to figures discussed at the event. Both readings were below the overall second-quarter GDP rate. The gap does not mean households are contracting; spending is still growing. It does suggest that export-linked and investment-led activity may be outpacing the broader consumer economy.
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