Malaysia’s GDP growth slows to 5.3% in Q3 as mining contracts

Malaysia's GDP growth slowed to 5.3% in Q3 2026, down from 6.0% in the previous quarter, as a sharp contraction in mining and quarrying offset stronger manufacturing growth. The Department of Statistics Malaysia (DOSM) reported positive growth across most sectors, except mining, with the services sector leading the way at 5.4%, driven by wholesale and retail trade, information and communications, and financial activities.

Manufacturing expanded 7.5%, bolstered by export-oriented industries, while construction grew 6.0%, supported by non-residential building activity. However, agriculture returned to growth at 1.3%, and mining contracted 4.9% due to lower crude oil and condensate production. Cumulative growth for the first nine months reached 5.5%, up from 4.8% in the same period last year.

Brief written by urgent.news from The Vibes's own syndicated text. Machine-written — may contain errors; check the original before relying on it.