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Malaysia’s December exports rise 29.2%, above forecast

Malaysia’s exports in December rose 29.2% from a year earlier, above forecast, government data showed on Friday. December’s exports were expected to rise 24.6%, according to 15 economists surveyed in a Reuters poll.

Imports in December grew 23.6% from a year earlier, the data showed.

Analysts were expecting a 27.3% rise, according to 15 economists surveyed in a Reuters poll.

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Malaysia’s trade surplus in December was 30.99 billion ringgit.

Analysts had forecast a surplus of 22.5 billion ringgit.

Source: https://www.brecorder.com/news/40150495/malaysias-december-exports-rise-292-above-forecast