Export orders decreased 4.4% y/y in July.

By bne IntelliNews August 22, 2012
Taiwan's export orders decreased 4.4% y/y in July this year, as compared to the 2.6% decline posted in June. As reported by Dow Jones Global Equities News, the decline has been mainly due to a decline in the sale of petrochemicals and base metals, while demand in key markets of China and Europe remained sluggish. The export orders are likely to improve in August due to the launch of new electronic products.

Export orders decreased 4.4% y/y in July.

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