|PERCENTAGE CHANGE FROM CORRESPONDING QUARTER OF PRECEDING YEAR|
|2014||2015||Q1 2015||Q2 2015||Q3 2015||Q4 2015||Q1 2016|
|PERCENTAGE CHANGE FROM PRECEDING QUARTER|
|Seasonally Adjusted GDP||1.4||0.9||0.9||1.2||1.0|
GDP by Production Approach
Services sector increased further to 5.1 per cent (Q4 2015: 5.0%) supported by Wholesale & Retail Trade (5.2%) and Information & Communication (8.5%). Furthermore, Business Services improved to 7.3 per cent largely boosted by professional activities.
Manufacturing sector grew 4.5 per cent (Q4 2015: 5.0%) which was underpinned by Electrical, Electronic & Optical products (5.7%), mainly in semiconductors, computers and peripheral equipments. This sector performance was further supported by Petroleum, Chemical, Rubber & Plastic products that grew 2.7 per cent (Q4 2015: 1.4%) following a turnaround in Refined Petroleum products and expansion in Chemical and Plastic products.
Construction sector rose at a faster rate of 7.9 per cent (Q4 2015: 7.4%). Civil Engineering sustained its double-digit momentum by registering a growth of 17.5 per cent (Q4 2015: 20.4%) and continued to support the Construction sector. Moreover, Specialised Construction Activities strengthened to 8.9 per cent (Q4 2015: 4.6%) which was contributed primarily by earthworks and piling projects.
GDP by Expenditure Approach
Private Final Consumption Expenditure strengthened to 5.3 per cent (Q4 2015: 4.9%) which was stimulated by the consumption on food & beverages, housing & utilities, communication and transportation.
Gross Fixed Capital Formation (GFCF) eased to 0.1 per cent (Q4 2015: 2.7%) due to the deceleration in Machinery & Equipment (-7.1%) as well as Other Asset (-3.3%). Public sector (share: 30.1%) contracted 4.5 per cent which has influenced towards the moderation of GFCF in this quarter. Meanwhile, Private sector posted a growth of 2.2 per cent (Q4 2015: 4.9%).
Exports decreased 0.5 per cent in this quarter which was reflected by the subdued momentum in exports of goods. Imports moderated to 1.3 per cent (Q4 2015: 4.0%) due to a contraction in imports of goods.
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
13 May 2016
Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : firstname.lastname@example.org