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Malaysia’s Mar exports, factory output growth seen slower

Malaysia’s exports and factory output in March may have slowed following robust annual growth in February as global demand for electronic products softened, while factory production may have also slowed in line with weak exports.

March exports probably moderated to 3.4 percent year-on-year, against 14.5 percent in February, according to the median estimate of 13 economists, while imports may have eased to 6.5 percent from 18 percent in the previous month.

The March data is also expected to reflect normalisation of trade patterns after distortions in the first two months of the year because of the timing of Lunar New Year celebrations which fell in January this year and in February in 2011.