Malaysia's Oct exports up 15% on-year, below 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 rose 15 per cent in October from a year earlier, below expectations, government data showed on Thursday.
October's exports had been forecast to rise 24.1 per cent, according to the median estimate of 15 economists surveyed in a Reuters poll.
Imports in October grew 29.2 per cent, data from the International Trade and Industry Ministry showed. Analysts had expected an increase of 30.5 per cent.
Malaysia recorded a trade surplus of 18.09 billion ringgit ($3.98 billion) in October.
($1 = 4.5480 ringgit)
Source: Reuters
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