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Malaysia Exports Fall

Malaysia  Exports FallMalaysia  Exports Fall

Malaysia is expected to report exports in October fell for the second month in a row, a Reuters poll showed, due to a higher base of comparison with last year and despite a recovery in commodity prices. Economists surveyed by Reuters forecast exports fell 5.8% in October, nearly twice the pace as in September. Individual estimates ranged from a 4.8% fall to a 10% decline. Shipments have been pressured by weak oil prices and a slump in demand for manufactured goods. Imports in October were forecast to dip 0.2% from a year earlier, little changed from a 0.1% fall in September. 

 

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