FW: RHB | Malaysia | Exports Surged In April

 

 

 

 

Economic Research			5 June 2018
Malaysia
Economic Update
Exports Surged In April   u Malaysia‘s exports resumed a recovery path, surging 14% YoY in April (exceeding Bloomberg consensus of 6.3% YoY) after rebounding 2.2% in March amid higher E&E and non-E&E shipments; u Imports rebounded to grow 9.1% YoY, after contracting 9.6% in March as imports of capital goods rebounded; u Looking forward, we expect exports to grow 6.5%, albeit slowing from the 18.9% recorded in 2017.   Economist: Vincent Loo Yeong Hong   | +603 9280 2172
To access our recent reports please click on the links below:   01 Jun: GST To SST: Neutral Impact On Fiscal Balance 31 May: M3 And Loan Growth Accelerate In April 28 May: From GST to SST_Return Of SST – Impact On Economy And Equities 23 May: Subdued Inflation In April; 2018 Forecasts Slashed 17 May: Slower 1Q GDP Growth; 2018 Forecast Retained 17 May: GST Zero-Rated; Transitioning To SST
Economics Team
Arup Raha	Group Chief Economist	arup.raha@rhbgroup.com		+65 6232 3896
Peck Boon Soon	Chief ASEAN Economist	bspeck@rhbgroup.com		+603 9280 2163
Vincent Loo Yeong Hong	Malaysia, Singapore	vincent.loo@rhgroup.com		+603 9280 2172
Ahmad Nazmi Idrus	Indonesia	ahmad.nazmi.idrus@rhbgroup.com		+603 9280 2179
Aris Nazman Maslan	Thailand, Philippines , Vietnam	mohd.aris.nazman@rhbgroup.com		+603 9280 2184