Malaysia’s trade maintained its upward trend in July 2021 with total trade expanding by 13%, reaching RM181bil as compared to RM160.1bil in July 2020. Exports rose 5% to RM97.3bil compared to July 2020 while imports rose by 24% to RM83.64bil.THIS week, investors will be turning their attention to trade data for August 2021 along with the manufacturing purchasing managers’ index .
Trade surplus is expected to be RM12bil by the end of this quarter, according to Trading Economics global macro models and analyst expectations. The IHS Markit Malaysia Manufacturing PMI was up to 43.4 in August 2021 from 40.1 in the prior month.CHINA is expected to release its September official manufacturing and services PMI on Thursday.Bloomberg estimates September’s official manufacturing PMI to rise to 50.2 from 50.1 in August and services PMI to 48 from 47.5 in August.Singapore Q3 property prices