Economic Indicators
Malaysia’s exports grow below expectations in January
2023.02.20 01:06
Malaysia’s exports grow below expectations in January
By Kristina Sobol
Budrigannews.com – According to government data released on Monday, Malaysia’s exports increased by 1.6% in January, which was lower than anticipated.
Ten economists polled by Reuters predicted a 7.4% increase in January’s exports.
According to data from the International Trade and Industry Ministry, imports increased by 2.3% in January compared to the previous year. The annual increase was anticipated by analysts to be 10.1%.
In January, Malaysia had a trade surplus of 18.16 billion ringgit, or $4.10 billion, down from a revised surplus of 28.14 billion ringgit the month before.
