Malaysia’s October export growth seen climbing 18.5 pct y/y

05-Dec-2017 Intellasia | Reuters | 6:00 AM Print This Post

Malaysia’s exports in October are expected to snap a two-month streak of slowing annual growth, a Reuters poll showed, accelerating from the previous month, buoyed by robust demand in manufacturing sector.

The median forecast from 10 economists surveyed was for exports in October to expand 18.5 percent from a year ago, up from 14.8 percent growth in September.

Individual estimates ranged between 10.1 percent and 25 percent.

Imports are seen growing 20.4 percent annually in October, up from 15.2 percent the previous month.

The trade surplus in October is expected to come in at 10.4 billion ringgit ($2.55 billion), up from 8.6 billion ringgit in September.

Malaysia reports trade data in ringgit.

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($1 = 4.0800 ringgit) percent-yy-20171203-00123


Category: Malaysia

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