Chief Statistician Mohd Uzir Mahidin says the export unit value index has fallen by 0.05% in October 2022 compared with the previous month due to declines in the indices of animal and vegetable oils and fats, mineral fuels and miscellaneous manufactured articles. – The Malaysian Insight file pic, November 28, 2022.
Accordingly, terms of trade showed a negative performance of 0.6% month-on-month to 112.4 points in October 2022, according to the Department of Statistics Malaysia . “At the same time, the export volume index also dropped 8.7 per cent in the same month, contributed by the declines in the indices of miscellaneous manufactured articles , animal and vegetable oils and fats as well as machinery and transport equipment .
The import unit value index increased by 0.6% in October 2022 from a month before, contributed by the rises in the indices of machinery and transport equipment , miscellaneous manufactured articles , and food .
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