March exports fall 4.7pct year-on-year, smaller drop than forecast
Malaysia's exports fell 4.7 percent from a year earlier in March, amid coronavirus-related movement restrictions, government data showed today.
The decline, however, was smaller than the eight percent fall forecast by...
Malaysia's exports fell 4.7 percent from a year earlier in March, amid coronavirus-related movement restrictions, government data showed today.
The decline, however, was smaller than the eight percent fall forecast by analysts surveyed by Reuters. Exports in February had risen 11.8 percent, the strongest on-year growth in 16 months.
Imports were down 2.7 percent year-on-year, after surging 11.3 percent in February.
The trade surplus in March narrowed slightly to RM12.3 billion from RM12.6 billion ringgit in the previous month. - Reuters
