Monday, June 8, 2015

RHB | Malaysia | Exports Weakened Sharply In April


Economic Research
05 June 2015
Malaysia

Economic Highlights




Exports slipped into a decline of 8.8% y-o-y in April, after a modest growth of 2.3% in March and compared with -9.7% in February as lower gas prices and weak global demand affected shipments. As a result, the shipments of electrical and electronic (E&E) products (35.0% share of total exports) and non-E&E (49.0% share) reversed into contractions in April, after expanding in the previous month while the exports of major commodity exports (16.0% share) fell by a larger magnitude over the same period.


Economist:  Peck Boon Soon  | +603 9280 2163
Economist:  Vincent Loo Yeong Hong  | +603 9280 2172


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