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Malaysia’s exports grew just 1.9% year-on-year in August, slowing sharply from 6.5% in July. The growth was largely underpinned by re-exports, a trend expected to persist as Malaysia continues to face lower trade tariffs compared with China amid U.S.-China trade tensions. Zafri Zulkeffeli, Deputy Chief Economist at BIMB Securities Sdn Bhd, shares his outlook and growth expectations.
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Malaysia’s exports grew just 1.9% year-on-year in August, slowing sharply from 6.5% in July. The growth was largely underpinned by re-exports, a trend expected to persist as Malaysia continues to face lower trade tariffs compared with China amid U.S.-China trade tensions. Zafri Zulkeffeli, Deputy Chief Economist at BIMB Securities Sdn Bhd, shares his outlook and growth expectations.
Image Credit: Shutterstock.com
See omnystudio.com/listener for privacy information.
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