Chief statistician Mohd Uzir Mahidin imports of goods surged by RM14.3 billion quarter-on-quarter to RM189 billion due to the increase in intermediate and capital goods, which were mainly from China, Singapore and Japan.
– The Malaysian Insight file pic, May 11, 2021.
MALAYSIA’S current account balance recorded a surplus of RM12.3 billion in the first quarter of 2021, down from RM18.6 billion in the previous quarter, said the Department of Statistics today. Chief statistician Mohd Uzir Mahidin said a favourable performance in goods was seen in Q1 since most countries had eased Covid-19 related curbs, giving space for smooth sailing in economic activities while adhering to strict standard operating procedures.
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