Broker: CGS International
Date of Report: April 17, 2026
Excerpt from CGS International report.
Report Summary
- Economic Growth: Malaysia’s 1Q26 GDP grew by 5.3% year-on-year, slightly above CGS International’s forecast, with growth in all sectors except mining.
- Inflation Outlook: March 2026 CPI rose to 1.7% year-on-year, mainly due to higher transport costs driven by elevated oil prices. Core inflation reached 2.1%.
- Forecast Revisions: 2026 CPI forecast raised to 2.5% (previously 1.5%), reflecting higher assumed Brent oil prices (now US\$90/bbl). GDP growth forecast for 2026 maintained at 4.8%.
- Key Risks: Main downside risks are higher-than-expected inflation impacting consumption and potential fiscal spending shifts toward subsidies and away from productive investments.
- Implications for Investors: No direct actionable BUY or SELL call, target price, or specific stock mentioned; focus is on macroeconomic data and inflationary risks.
above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website : https://www.cgsi.com/
