Malaysia Exports Rise In November
Malaysia's exports rose sharply in November, data from the Department of Statistics showed on Monday.
Exports rose 4.3 percent year-on-year to MYR 84.4 billion in November, after a 0.2 percent increase in October. Economists had expected a 3.8 percent rise.
Imports declined 9.0 percent annually to MYR 67.6 billion in November, following a 6.0 percent fall in the previous month. Economists had forecast a fall of 5.7 percent.
The trade surplus totaled MYR 16.8 billion in November, which was above the expected level of MYR 12.6 billion.
On a monthly basis, exports declined 5.0 percent in November and imports decreased 24.0 percent.
Economic News
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