India, Feb. 14 -- Malaysia's economy expanded more than previously estimated in the fourth quarter on household spending and investment, official data showed on Friday.
Gross domestic product expanded 5.0 percent year-on-year in the fourth quarter. This was revised up from the prior estimate of 4.8 percent and follows 5.4 percent growth registered in the third quarter. Private final consumption expenditure and gross fixed capital formation were the main catalysts on the demand side.
Private consumption climbed at a slightly faster pace of 4.9 percent, while the growth in government spending eased to 3.3 percent from 4.9 percent.
At the same time, gross fixed capital formation surged 11.7 percent but slower than the 15.3 percent increase ...