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Reports out of Taiwan say export orders have collapsed, worst since March 2009

Reports out of Taiwan say export orders have collapsed, worst since March 2009

The media reports from Taiwan say that export orders in November fell 23.4% y/y (vs expected -12.8)

  • to US$50.14 bn
  • the steepest fall since March 2009

Export order to China fell the most, down 37.3%.

Orders for IT- and communication-related products down 30.5%.

This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Dec 21 2022, 01:37
Author Name: forexlive
Views: 111657

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