Strong trade figures expected for November


UOB senior economist Julia Goh projects an export growth of 12.5% for November, driven by gains across key segments.

PETALING JAYA: Malaysia’s trade performance is expected to have sustained its robust momentum in November, supported by electrical and electronics (E&E) exports and lingering pre-tariff front-loading effects, economists say ahead of the release of official November trade data this Friday.

Malaysia’s total exports for the first 10 months of the year rose by an average of 6%, compared to 5.1% during the same period last year. Exports had exceeded expectations in October, having surged by 15.7% year-on-year (y-o-y) to a record RM148.3bil, marking the fourth consecutive month of gains.

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