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Malaysia November export growth seen slowing to 13.9 percent year on year

Malaysia November export growth seen slowing to 13.9 percent year on year

KUALA LUMPUR: Malaysia’s exports in November are expected to grow at a slower annual pace than the previous month, a Reuters poll showed, although growth likely remained robust due to strong global demand. 3.9 percent from a year ago, down from the 18.9 percent growth in October. Individual estimates ranged between 9.2 percent and 17.2 percent.

Malaysia has enjoyed double-digit growth in exports over the past 11 months, peaking at 32.5 percent in May 2017.

Imports were also seen growing 13.9 percent annually in November, down sharply from 20.9 percent the previous month.