Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

Taiwan July exports seen stable, inflation slows - Reuters poll

Taiwan July exports seen stable, inflation slows - Reuters poll
FILE PHOTO: A man rides a motorbike near Kaohsiung Port, Taiwan August 7, 2017. REUTERS/Tyrone Siu -
Copyright
TYRONE SIU(Reuters)
Euronews logo
Text size Aa Aa

TAIPEI (Reuters) – Taiwan’s exports likely rose 0.5% in July from a year earlier, logging a second straight month of growth, according to the median forecast of 15 analysts polled by Reuters.

The island’s exports unexpectedly grew for the first time in eight months in June, as strong U.S. demand helped boost expansion amid the prolonged Sino-U.S. trade war.

Taiwan is one of Asia’s major exporters, especially of technology goods, and its export trend is a key gauge of global demand for technology gadgets worldwide.

The export-reliant economy’s annual inflation rate in July is seen at 0.81%, compared with 0.86% in June, the poll showed.

(Poll compiled by Carol Lee, Reporting by Yimou Lee;; Editing by Rashmi Aich)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.