Malaysia's October export growth seen easing to 6.2% y/y

Malaysia's October export growth seen easing to 6.2% y/y
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KUALA LUMPUR (Dec 4): Malaysia's exports are expected to rise 6.2% in October from a year earlier, slightly slower than the previous month's pace, a Reuters poll showed.

Growth estimates among the 10 economists surveyed, however, ranged widely between an annual rise of 4.6% and 17.4%.

In September, exports grew 6.7% year-on-year, driven by demand for manufactured and mining goods. 

Malaysia's import growth in October is expected to rebound to 2.8% from a year earlier, after falling 2.7% the previous month. 

Malaysia reports trade data in ringgit.    

The trade surplus is expected to narrow to 12.6 billion ringgit (US$3.03 billion) in October, down from a record 15.3 billion ringgit in September, the largest trade surplus in a decade.

(US$1 = 4.1600 ringgit)