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Taiwan April exports slip for 8th month, but beat forecasts

Taiwan April exports slip for 8th month, but beat forecasts
FULL STORYTaiwan's exports exceeded analyst forecasts but still contracted for the eighth straight month in April, as demand for its tech products remained soft, especially from its biggest market China.Exports last month were down 13.3% by value from a year earlier at $35.96 billion, the Ministry of Finance said on Monday. Better than than 19.1% annual drop in March and topped a Reuters poll forecast for an 18.15% contraction.Taiwan's exports to China were down 22%, after showing a 28.5% annua... Read More
Posted: May 8 2023, 09:33
Author Name: forexlive
Views: 081870

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