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Financial News: Malaysia Exports Fall Less Than Expected

Malaysia Exports Fall Less Than Expected

05/03/2019 - 03:16:00 (RTTNews)

(RTTNews) - Malaysia's exports and imports declined at a less-than expected rate in March, data from the Department of Statistics showed on Friday.

Exports decreased marginally 0.5 percent year-on-year to MYR 84.0 billion in March.

Imports also declined 0.1 percent annually to MYR 69.7 billion in March. Economists had expected a 3.4 percent decline in both exports and imports. The trade surplus recorded MYR 14.4 billion, above the forecast of MYR 13.75 billion.

On a monthly basis, exports and imports rose 7.4 percent and 10.5 percent, respectively, in March.

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