Export, import unit value indices slightly up in October 2023 - DoSM

KUALA LUMPUR: Malaysia’s export prices rose 1.2 per cent to 146.4 points in October 2023 from 144.6 points in the previous month, while import prices also increased marginally by 0.5 per cent to 131.3 points from 130.6 points in September 2023, said the Department of Statistics Malaysia (DoSM).

Chief statistician Datuk Seri Mohd Uzir Mahidin said the higher export unit value in October was attributable to the increase in the mineral fuels index, which climbed 5.9 per cent from the previous month, followed by manufactured goods index (up 0.4 per cent) and chemicals index (up 0.3 per cent).