KUALA LUMPUR: Malaysia’s exports in September are expected to rise at a slower annual pace for the second month in a row, a Reuters poll showed, although growth will likely remain robust on strong global demand. The median forecast from 10 economists surveyed was for exports in September to expand 18 percent from a year earlier, down from 21.5 percent growth in August and 30.9 percent in July.
Individual estimates, however, varied between 12.6 percent and 24 percent. Imports in September likely grew 20 percent year-on-year, slightly slower than the 22.6 percent growth in the previous month. September’s trade surplus was seen narrowing to 8.8 billion ringgit ($2.08 billion), down from 9.9 billion ringgit in August. Malaysia reports trade data in ringgit.
