DB updates should always be run before config imports. #930
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This is sort of a follow-up to #911, since I just saw an example of it failing in the wild.
As I mentioned in that ticket, db updates must be run before configuration imports so that any dependent modules can be enabled. Otherwise there's no way to add a configuration with a dependency on a new module.
Of course it's possible that something in your update hook might depend on a configuration change, in this case you should manually import just the necessary configuration as part of your update hook. This was the best practice with Features in D7 and I don't see any alternative in D8.