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23 February 2006

Malaysia economic growth declined slightly in 2005

Malaysia's economy rose by 5.3% in 2005, according to the Statistics Department, slower than the previous year's growth of 7.1%.

The manufacturing, services and agricultural sectors were the major contributors to the economic growth, growing by 4.9%, 6.5% and 2.1%, while the mining and construction sectors declined, by 2% and 1.6% respectively.

The economic growth in 2006 is forecast to remain flat, at a rate of 5.5%.


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