Electronics exports were likely supported by strong global demand for AI-related products, particularly memory chips and server equipment, DBS economists said.
DBS expects NODX growth to slow to 25.0% from a year earlier in June, from 38.4% in May. Nonelectronics exports likely also slowed because of an unfavorable comparison with the previous year, it said.
Malaysia
Malaysia's Department of Statistics will release its advance estimate of second-quarter GDP and June inflation data on Friday.
Recent figures suggest economic growth could exceed expectations, supported by strong exports, early shipments ahead of potential trade disruptions, higher mining output and resilient domestic demand, UOB economists Julia Goh and Loke Siew Ting said.
