Malaysia’s February export growth seen slowing to 1.4% year-on-year

  • Economy
  • Tuesday, 2 Apr 2019

KUALA LUMPUR: Malaysia’s exports likely rose 1.4 percent in February from a year earlier, slower than the previous month, a Reuters poll showed on Tuesday.

Estimates among the 10 economists surveyed, however, ranged widely between an annual decline of 4.9 percent and a rise of 6.8 percent.

In January, exports had grown 3.1 percent year-on-year, amid higher shipments of manufactured and mining goods.  

February’s imports are expected to fall marginally by 0.6 percent from a year earlier, down from a 1 percent expansion in the previous month, the poll showed.

Malaysia reports trade data in ringgit.

The country’s trade surplus likely narrowed to 10.4 billion ringgit ($2.55 billion) in February, from 11.5 billion ringgit in January. - Reuters

Economy , export , trade