Focus Taiwan
Date: 2016/09/07
By: Bernie Chiu, Chen Cheng-wei and Lilian Wu
Taipei, Sept. 7 (CNA) Taiwan’s exports in August rose for the second consecutive month after ending the
CNA file photo
longest sustained export slump in the country’s history — 17 consecutive months — in July, according to Ministry of Finance statistics released Wednesday.
Taiwan’s exports in August grew 1 percent from the same month of a year earlier to US$24.66 billion, while imports fell 0.8 percent from a year earlier to US$20.67 billion.
Taiwan recorded a trade surplus of US$3.99 billion for the month, US$410 million higher than in August 2015.
The Finance Ministry said that the Directorate General of Budget, Accounting and Statistics has estimated that exports in the third quarter will show moderate growth, and has adjusted its forecast for this year’s GDP upward to 1.22 percent. [FULL STORY]
