PETALING JAYA: Economists are shading their optimism with a sense of prudence over the outlook for Malaysia’s external trade although August numbers again showed the country’s international transactions continue to grow.
Numbers released by the Statistics Department revealed that total trade has increased 18.6% year-on-year (y-o-y) from RM213bil a year ago to RM252.7bil last month, but with the primary driver being a 26.2% y-o-y growth in imports to RM123.5bil.
