TAIPEI (Reuters) - Taiwan's exports dropped for the 12th consecutive month in August but less sharply than expected, and may return to growth in ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSTAIPEI - Taiwan's exports dropped for the 12th consecutive month in August but less sharply than expected, and may return to growth in September ahead of the year-end holiday shopping season, the finance ministry said on Friday.
Despite the stagnation in exports, a key driver for Taiwan's economy, the island's GDP returned to growth in the second quarter, helped by resilient domestic consumption. For September, the ministry said exports may expand, predicting a performance ranging from a contraction of 2% to growth of 2%.
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