Published:
Taiwan's export orders up a measly 0.5%
Japan and Europe markets weakened.
According to BBVA Research, Taiwan’s August export orders recorded a year-over-year gain of 0.5% y/y for the second straight month (BBVA: 0.9% y/y; consensus: 1.3% y/y).
Here's more:
On a sequential basis after seasonal adjustment, exports orders advanced by 1.0% m/m sa after a rebound in the previous month (2.9% m/m sa).
Orders across the major export markets (China/HK, ASEAN and US) have been improving, but have weakened to Japan and Europe. Overall, the data are encouraging, as they suggest an improvement in external demand for the Asia region.
Read Here
Advertise
Sign Up
