KUALA LUMPUR, February 20, 2025 - Malaysia's import growth decelerated sharply at the start of the new year, according to recent data released on February 20, 2025. The year-on-year growth rate for January stood at 6.2%, a substantial decline from the 11.9% recorded in December 2024.
Comparing import activity year-over-year provides valuable insights into economic trends and consumer behavior. The latest figures reveal that while imports continued to expand in January 2025, the pace of growth has diminished significantly compared to the same period last year.
This marked slowdown could indicate a variety of factors at play, including possible shifts in consumer demand, supply chain adjustments, or broader economic conditions affecting cross-border trade. Policymakers and market participants will be closely monitoring these developments as they assess the potential impacts on Malaysia's economic landscape in the coming months.
