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Malaysia's Aug exports up 1.7%, beating forecast

Imports grew 7.6%, driven by rise in intermediate imports. Growth in exports thus expected in Q4 2014

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Export growth was driven mainly by machinery and appliances, crude petroleum and optical and scientific equipment; palm oil and metal manufactures declined.

Kuala Lumpur

MALAYSIA'S exports grew by a moderate 1.7 per cent in August from a year ago, outdoing the street's expectations of a 1.4 per cent contraction, but still suggestive of a waning growth momentum that first surfaced in July's 0.8 per cent export-growth figure.

The figures...

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