|Msia's fourth quarter 2012 GDP is fastest quarterly growth since 2010, says Reuters|
6.4 per cent. I was tempted to add "blame Umno" to the heading of this post but that would be unkind, malicious even. There's no kick in politicizing good news but like it or not political commentators will hail the nice send-off for 2012 [4Q2012 National Accounts, Economics Malaysia, 20 Feb] as a harbinger of good news for the ruling BN coalition led by Umno as the general elections draw closer ... and another feather in the cap of Prime Minister Najib Razak
But could the numbers have been manipulated? I mean, the government - er, Umno - does that all the time, right? According to this economist who has a column in the Malaysian Insider, the news portal sometimes accused as an anti-Najib, no, the data were not manipulated. Some of the numbers in the last quarter GDP report are for him "worrying" [Quick reaction to Malaysia's RGDP growth for the fourth quarter: Irony and non-celebration, the_earthinc, 20 Feb] but, unfortunately, not for the reasons those blame-Umno-for-everything group would want to hear.