KUALA LUMPUR: Malaysia’s economy in the fourth quarter of 2023 (4Q23) likely expanded 3.4% from a year earlier, marginally faster than the previous three-month period, though a slump in exports and easing activity signalled weakening momentum.

       While all major sectors registered an expansion in the October-December period, growth in the construction sector slowed to 2.5% from a year earlier, from 7.2% in the previous quarter, while manufacturing sector’s growth was nearly stagnant at 0.1%, official advance estimates released by the Statistics Department showed yesterday.