KUALA LUMPUR, Aug 18 (Reuters) - Malaysia's current account
surplus grew to 9.6 billion ringgit ($2.24 billion)
in the second quarter from 5.3 billion ringgit in the previous
three months, due to a larger goods surplus and smaller services
and primary income deficits, the government said on Friday.
Portfolio investment saw a net inflow of 16
billion ringgit, compared to outflows of 31.9 billion ringgit
in the first quarter.
Foreign direct investment fell to 8.3 billion ringgit in
April-June, compared with 17 billion ringgit in the first
quarter, data from the Department of Statistics showed.
KEY DATA
Details of the current and financial accounts (all figures
are in billions of ringgit and may not total exactly):
CURRENT ACCOUNT Q2 2017 Q1 2017 Q4 2016 Q3 2016
Goods 27.0 25.3 31.2 26.5
Services -5.0 -6.2 -5.4 -5.1
Income -12.4 -13.8 -13.3 -10.8
Balance 9.6 5.3 12.5 6.0
FINANCIAL ACCOUNT Q2 2017 Q1 2017 Q4 2016 Q3 2016
Portfolio investment 16.0 -31.9 -19.1* -10.6
Direct investment -7.1 8.3 1.0* 3.0
FDI 8.3 17.0 13.0* 6.5
Other investment -1.3 14.2 5.0* 1.4
(* indicates revised figures)
($1 = 4.2945 ringgit)
(Reporting by Rozanna Latiff; Editing by Kim Coghill)