RHB: Malaysia’s April exports in positive territory | Malay Mail

RHB bank in its economic view said electrical and electronics exports recovered to post growth of 3.9 per cent y-o-y, after falling 1.9 per cent in March 2019. — Reuters pic

RHB bank in its economic view said electrical and electronics exports recovered to post growth of 3.9 per cent y-o-y, after falling 1.9 per cent in March 2019. In contrast, non-E&E exports grew at a weaker 1.4 per cent y-o-y compared with 3.2 per cent, as shipments of machinery, transport equipment, wood and rubber products slowed.

RHB Bank also said imports recovered to grow by 4.4 per cent y-o-y in April, after falling 0.1 per cent in the previous month, aided by a rebound in the import of capital goods, while intermediate and consumption goods imports picked up.

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