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Malaysia's July exports rise 38% y/y, above forecast

Malaysia's July exports rise 38% y/y, above forecast

FILE PHOTO: A trailer is seen near containers at a Westports container facility in Pulau Indah outside Kuala Lumpur October 17, 2013. REUTERS/Samsul Said

KUALA LUMPUR : Malaysia's exports in July rose 38 per cent from a year earlier, above forecast, government data showed on Friday.​

July's exports had been expected to rise 36.5 per cent, according to 10 economists surveyed in a Reuters poll.

Imports in July grew 41.9 per cent from a year earlier, compared to analyst estimates of a 40.4 per cent expansion.

The country recorded a trade surplus of 15.49 billion ringgit ($3.46 billion) in July.

($1 = 4.4750 ringgit)

Source: Reuters

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