Thursday, December 8, 2016

Exports Fall Further in October

Economic Research
8 December 2016
Malaysia

Economic Update




Exports fell by a wider margin of 8.6% YoY in October, mainly on a high base effect. Despite the drop in October’s exports, we still expect Malaysia’s exports to pick up modestly to 2% YoY in 2017, from an estimated 0.5% in 2016 on account of:
1.   A gradual improvement in world merchandise trade volume, on the back of a sustained global economic growth;
2.   Resilient global demand for electrical & electronics (E&E) goods and a recovery in commodity exports.


Economist:  Vincent Loo Yeong Hong  | +603 9280 2172
Economist:  Aris Nazman Maslan  | +603 9280 2184

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