Malaysia's December export growth seen up 2.4% y-o-y

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KUALA LUMPUR (Jan 29): Malaysia's exports likely increased 2.4% in December from a year earlier, faster than the previous month, a Reuters poll showed on Tuesday.

Estimates among the 10 economists surveyed, however, ranged widely between an annual decline of 1.7% and a rise of 5.8%.

The country's annual export growth had fallen sharply to 1.6% year-on-year in November from 17.7% in October.

Malaysia's import growth is expected to slow to 1.3% from a year earlier in December, after rising 5% the previous month.     

Malaysia reports trade data in ringgit.

The country's trade surplus is expected to narrow slightly to RM7.4 billion in December, from RM7.6 billion in November.