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Malaysia Jan exports seen +3.0% y-o-y, imports +2.0%

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Malaysia's exports likely increased 3.0 per cent in January from a year earlier while the pace of import growth probably slowed to 2.0 per cent, a Reuters poll showed.

[KUALA LUMPUR] Malaysia's exports likely increased 3.0 per cent in January from a year earlier while the pace of import growth probably slowed to 2.0 per cent, a Reuters poll showed.

In December, exports expanded 2.7 per cent from a year earlier, more than analysts expected. For all of 2014, exports rose 6.4 per cent, helped by shipments of electrical and electronic products.

In the poll, January's trade surplus was seen at RM6.8 billion (S$2.55 billion), lower than December's RM9.2 billion.

REUTERS