Malaysian trade growth likely to have slowed slightly in January

The Malaysian trade and industrial output data is set to be released this week. According to a DBS Bank, both trade and industrial output data are expected to have come in subdued in December. Exports are expected to have grown 11 percent year-on-year in January from 14.4 percent in December.

Meanwhile, industrial production growth is likely to have eased to 2.5 percent, as compared to 5 percent earlier. While this is a step down from the strong growth witnessed mostly in 2017, a double-digit export growth still highlights a sanguine external environment. Along with a projected import growth of 11.2 percent, the overall trade balance should provide a surplus of MYR 9.9 billion, added DBS Bank.

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