Malaysia’s exports jumped 8.8% to RM70.20bil in September from a year ago, which exceeded economists’ forecasts of 3.6% growth, as exports to the European Union, China and the US.
The Statistics Department said on Friday that on a month-on-month basis, exports rose RM3.7bil (up 5.5%) from RM66.5bil. In seasonally adjusted terms, exports increased 5.2%.
“On a on-year basis, the rise in exports was mainly to EU (+RM1.4bil), China (+RM1bil), US (+RM933.5mil), Singapore (+RM923.5mil) and Philippines (+RM618mil),” it said.
The department imports grew RM5.3bil or 9.6% to RM60.5bil – exceeding the forecast of a 3% increase.
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The Statistics Department said on Friday that on a month-on-month basis, exports rose RM3.7bil (up 5.5%) from RM66.5bil. In seasonally adjusted terms, exports increased 5.2%.
“On a on-year basis, the rise in exports was mainly to EU (+RM1.4bil), China (+RM1bil), US (+RM933.5mil), Singapore (+RM923.5mil) and Philippines (+RM618mil),” it said.
The department imports grew RM5.3bil or 9.6% to RM60.5bil – exceeding the forecast of a 3% increase.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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