Malaysia’s economy grew 5.3% YoY in Q3 2024, in line with preliminary estimates but slower than the 5.9% growth in Q2. The slowdown was due to weaker production growth in services and agriculture. Net external trade contributed negatively to GDP, with imports rising 13.5% (vs. 8.7%) and exports increasing at a slower rate of 11.8% (vs. 8.4%). Quarterly, GDP expanded by 1.8%, down from 2.9% in Q2.