(MENAFN- Qatar News Agency) Kuala Lumpur August 25 (QNA) - Unemployment rate in Malaysia fell in July to 2.8% official data showed Monday. Department of Statistics Malaysia said today that Unemployment was expected to rise in July to 3.1% from the 2.9% registered in June. The Malaysian economy has been performing strongly in 2014. The first half of 2014 have seen the Malaysian economy register a growth of 6.5%. Economists in the economy are forecasting an interest rate increase a sign of an improving economy by the end of 2014 or the beginning of 2015. The current interest rate is 3.25%. The last rate hike was last month. (QNA)
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