Stats Dept: Export unit value index up 1.6pc in September 2023

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Stats Dept: Export unit value index up 1.6pc in September 2023
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KUALA LUMPUR, Oct 27 ― Malaysia’s export unit value index in September 2023 rose by 1.6 per cent to 144.6 points from 142.3 points in the previous month, while the import...

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Chief statistician Malaysia Datuk Seri Mohd Uzir Mahidin said the higher export unit value index was led by an increase in the mineral fuels index , animal and vegetable oils and fats and machinery and transport equipment . — Reuters picKUALA LUMPUR, Oct 27 ― Malaysia’s export unit value index in September 2023 rose by 1.6 per cent to 144.6 points from 142.3 points in the previous month, while the import unit value index increased by 1.5 per cent to 130.7 points from 128.

“Likewise, the export volume index rose by 6.5 per cent in the same month, in line with an increase in the machinery and transport equipment index , animal and vegetable oils and fats and miscellaneous manufactured articles ,” he said in a statement.The seasonally adjusted export volume index slipped by 4.1 per cent from 161.1 points to 154.5 points.

The import volume index went down by 1.3 per cent in September 2023 versus the previous month, due to a deterioration in the animal and vegetable oils and fats, and mineral fuels indices.“Year-on-year comparison showed that the import unit value and volume indices decreased by 1.4 per cent and 11.5 per cent, respectively,” the statement said.

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