Malaysia's Jan exports surge 1.6pc YoY, below forecast

Malaysia's Jan exports surge 1.6pc YoY, below forecast
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Summary Imports in January grew 2.3pc from a year earlier

KUALA LUMPUR (REUTERS) - Malaysia’s exports rose 1.6 per cent from a year earlier in January, slower than expected, government data showed on Monday. January’s exports had been forecast to expand 7.4pc, according to 10 economists surveyed by Reuters.

Imports in January grew 2.3pc from a year earlier, data from the International Trade and Industry Ministry showed.

Analysts were expecting an annual increase of 10.1pc.

Malaysian Q4 GDP beats expectations; central bank sees no recession

Malaysia recorded a trade surplus of 18.16 billion ringgit ($4.10 billion) in January, narrowing from a revised surplus figure of 28.14 billion ringgit the previous month. 

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