Malaysia’s November exports rise 15.6% on-year, above forecast
12:05 am Monday, December 19th, 2022
KUALA LUMPUR (Reuters) – Malaysia’s exports rose by 15.6% in November, above expectations, government data showed on Monday.
November’s exports had been expected to grow 13.2%, according to eight economists surveyed by Reuters.
Imports in November grew 15.6% from a year earlier, data from the International Trade and Industry Ministry showed. Analysts were expecting a 20.9% increase.
Malaysia recorded a trade surplus of 22.3 billion ringgit ($5.05 billion) in November.
($1 = 4.4150 ringgit)
(Reporting by Mei Mei Chu; Editing by Martin Petty)
