Malaysia’s exports increased 7% year-over-year in November, falling short of market expectations, according to government data released Friday.
Economists had forecast a stronger 11.2% growth in exports for the month, based on a survey of 13 analysts.
Meanwhile, imports surged 15.8% compared to the same period last year, exceeding the 11.4% increase analysts had anticipated.
The statistics department reported that Malaysia recorded a trade surplus of 6.1 billion ringgit ($1.50 billion) in November.
Source: Investing