Pantheon Macroeconomics

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19th Apr 2023 15:11Emerging Asia, Daily Monitor

  • Malaysian exports and imports shrank in March year-over-year for the first time since Q2 2020.
  • Falling commodity prices and weak external demand for electronics are weighing on trade.
  • We maintain that a BI rate cut will come in Q4; the Board’s 2023 growth views are far too optimistic.

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Keywords for: 20 Apr 2023 Emerging Asia Monitor

commodity, commodity prices, electronics, exports, external demand, growth, imports, March, q2, rate cut, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence