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Malaysia’s latest trade figures not worrying, says AmBank Research

Malaysia’s latest trade figures not worrying, says AmBank Research

KUALA LUMPUR (July 6): AmBank Group Research said Malaysia’s latest trade figures were not worrying after both the exports and imports performed modestly with exports up 3.4% year-on-year (y/y) while imports rose 0.1% y/y in May, bringing the May trade surplus to RM8.1 billion.

In a note today, AmBank group chief economist and head of research Dr Antony Dass said the weak performance was partly due to the high base impacting both exports and imports.

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