Taiwan Export Orders Decline In July

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Taiwan export orders dropped 8.77% year-on-year in July, compared with a 10.91% fall in the previous month. Economists were looking for a decline of 9.67%.

On a monthly basis, export orders increased 2.42% in July, slower than the 11.02% growth in the preceding month.

For the January to July period, export orders dipped 21.15% compared to the same period of the previous year.

Taiwan export orders dropped 8.77% year-on-year in July, compared with a 10.91% fall in the previous month. Economists were looking for a decline of 9.67%. (Market News Provided by RTTNews)