Current Account Surplus Narrows Further In 2Q Amid Lower Merchandise Surplus

Economic Research	15 August 2016
Malaysia
Economic Highlights
Current Account Surplus Narrows Further In 2Q Amid Lower Merchandise Surplus The current account surplus in the balance of payments narrowed to MYR1.9bn in 2Q 2016, after recording a surplus of MYR5.0bn in 1Q and compared with a surplus of MYR8.1bn in 2Q 2015. This was attributed to a smaller surplus in the merchandise trade account and a larger deficit in the income transfers. Meanwhile, the financial account registered a higher net inflow of MYR9.5bn in 2Q, compared with an inflow of MYR5.8bn in the previous quarter. The improvement was mainly due to a rebound in net inflow on other investments and a larger net inflow of direct investments. Economist:  Vincent Loo Yeong Hong  | +603 9280 2172 Economist: Aris Nazman Maslan | +603 9280 2184
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