Taiwan reports 3rd consecutive month of export growth (update)

Focus Taiwan
Date: 2017/01/09
By: Chiu Po-sheng, Huang Li-yun and Frances Huang

Taipei, Jan. 9 (CNA) Taiwan’s exports grew year-on-year for the third consecutive month in December because of strong global demand for electronic gadgets and a rebound in raw material prices, the Ministry of Finance said on Monday.

In December, Taiwan’s outbound sales rose 14 percent from a year earlier to US$25.7 billion, making it the third straight monthly year-on-year increase, the MOF said.

The December figure was also 1.4 percent higher than the previous month, the data showed.

The ministry said the December increase in exports was the highest year-on-year growth for a single month since January 2013, when the country’s outbound sales rose 21.94 percent from the same period the previous year.   [FULL  STORY]