Retail in Asia

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Malaysia’s 1Q GDP growth seen slowing, Apr inflation flat

Malaysia’s economic growth may have slowed in the first quarter as weak global demand weighed on exports, while inflation is likely to have remained unchanged in April, a Reuters poll of economists showed.  

Growth in the first three months of 2012 likely slowed to 4.5 percent from a year ago, from 5.2 percent in the fourth quarter in 2011.   

Exports, which account for 60 percent of the economy, and weak manufacturing were likely to have been the main drag on growth, while robust growth in construction and services may have lent support, economists said.