POLL-Taiwan Oct export order growth seen falling for 12th month but at slower rate
Orders median forecast -3.76% y/y (prior month -4.9%)
Data due Wednesday, Nov 20, 4:00 p.m. (0800 GMT)
TAIPEI, Nov 18 (Reuters) - Taiwan's export orders likely fell for a 12th straight month in October, but at a slightly slower pace than the previous month, amid tepid demand for electronics despite improving growth outlook for the island's manufacturers, a Reuters poll showed.
The median forecast from the poll of 12 economists was for export orders to drop 3.76% from a year earlier. The forecasts ranged widely from a decline of 7.6% to a growth of 7.9%.
Orders in September fell 4.9%, as weak demand for electronics offset optimism that orders would improve at the year-end.
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.
(Poll compiled by Carol Lee; Reporting by Yimou Lee; Editing by Alex Richardson)