Taiwan's export orders likely contracted for a second straight month in August, and at a similar pace from the previous month as global demand cools, a Reuters poll showed on Monday.
The median forecast from a poll of 13 economists was for export orders to fall 2% from a year earlier. Forecasts ranged from an expansion of 3.4% to a contraction of 3.7%.
The island's export orders, a bellwether of global technology demand, unexpectedly fell in July. Orders shrank 1.9% to $54.26 billion from a year-ago period, taking a larger-than-expected hit from weakening demand for technology and continued economic troubles in its largest market China.The government has predicted last month's orders to be between 0.9% and 3.7% lower than those of August 2021.
Taiwan's export orders are a leading indicator of demand for hi-tech gadgets and Asian exports, and typically lead actual exports by two to three months. The island's manufacturers, including the world's largest contract chipmaker Taiwan Semiconductor Manufacturing Co Ltd
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
China's August gasoline exports nearly double from a year ago By Reuters*CHINA'S AUGUST GASOLINE EXPORTS NEARLY DOUBLE FROM A YEAR AGO - 🇨🇳🇨🇳
Baca lebih lajut »
Hyundai Motor Increased Plug-In Car Sales In August 2022 By 25%Last month, the combined wholesale shipments (closely related to production) of Hyundai and Genesis plug-in cars amounted to *18,116 (up 25% year-over-year).
Baca lebih lajut »
August Alsina Claims Tory Lanez Hit Him, Posts Photo of Bloody MouthTory Lanez is denying attacking August Alsina despite him posting a bloodied photo that he claims happened right after he got beat up.
Baca lebih lajut »
Texas jobless rate inches up to 4.1% in August as hiring slowsTexas’s unemployment rate increased to 4.1% in August and hiring slowed to the slowest rate since early 2021 as the construction and hospitality sectors shed...
Baca lebih lajut »
Kelly Springs announces Good Citizens for AugustKelly Springs Elementary School in Dothan announces its Good Citizens for August 2022.
Baca lebih lajut »
Inflation rises in August as gas prices coolOverall consumer prices rose 0.1% last month — after dropping to zero in July — and are up 8.3% over the past year. That compares to the 8.5% year-over-year figure reported in July.
Baca lebih lajut »