Quantcast

Taiwan April export orders seen dropping for 6th straight month


Reuters


TAIPEI, May 16 (Reuters) - Taiwan's export orders likely declined for a sixth month in April but at a slower pace than in March, a Reuters poll showed, as the island's manufacturers keep struggling with a drop in global tech demand.

The median forecast from the poll of 10 economists was for April export orders to drop 5.9% from a year earlier. Forecasts ranged from a decline of 2.9% to a tumble of 12%.

Orders in March declined 9% from a year earlier, compared with a poll forecast of 5.45%, as global electronics demand remained soft.






This article appears in: World Markets , Economy




More from Reuters

Subscribe






See Reuters News













Research Brokers before you trade

Want to trade FX?