Taiwan's export orders likely fell for a tenth straight month in August, bu...
FILE PHOTO: A crane lifts a container at Kaohsiung Port, Taiwan August 7, 2017. REUTERS/Tyrone Siu
TAIPEI - Taiwan’s export orders likely fell for a tenth straight month in August, but at a slightly slower pace, a Reuters poll showed, as tepid global demand for electronics and the escalating U.S-China trade war continued to hurt the island’s manufacturers. The median forecast from the poll of 13 economists was for export orders to drop 2.3% from a year earlier. But forecasts ranged widely from a decline of 4% to slight growth of 0.7%.
Orders in July contracted less than expected, and August exports rose unexpectedly, which might signal demand for new electronic products is kicking in as the peak year-end shopping season approaches. But the improvement could be short-lived, and analysts say a sustained turnaround in electronics demand is likely still some way off.
Taiwan’s export orders are a leading indicator of demand for Asia’s exports and for hi-tech gadgets, and typically lead actual exports by two to three months.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Taiwan central bank seen leaving rates steady as export view perks up: Reuters pollTaiwan's central bank is expected to leave its policy rate steady for the t...
Consulte Mais informação »
China Aug industrial output grows at slowest pace in 17-1/2 yearsChina's industrial production growth skidded to its weakest pace in 17 year...
Consulte Mais informação »
China's Aug industrial output growth grinds to 17-and-a-half-year lowThe slowdown in China's factory and consumer sectors deepened in August, wi...
Consulte Mais informação »
China's Aug crude throughput rises to monthly record on higher marginsCrude oil throughput at China's refineries in August rose 6.9% from a year ...
Consulte Mais informação »
Solomon Islands votes to cut ties with Taiwan amid China tension: official mediaThe Solomon Islands' government has voted to cut official ties with Taiwan,...
Consulte Mais informação »
Taiwan says China meddling with elections after Solomon Islands cuts tiesTaiwan accused China on Monday of trying to influence its presidential and legis...
Consulte Mais informação »