Taiwan Sept exports set to rise for fifteenth straight month: Reuters ballot

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  • <a href=”reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=TWCPIY%3DECI”>For ballot information click on:</a>
  • Exports median forecast +25% (prior month +26.9%)
  • Imports median forecast +41.2% (prior month +46.3%)
  • Balance median forecast $4.2 bln (prior month $3.48 bln)
  • CPI median forecast +2.20% y/y (prior month +2.36%)

TAIPEI, Oct 5 (Reuters) – Taiwan’s exports possible rose for a fifteenth straight month in September, a Reuters ballot confirmed, boosted by sturdy demand for electronics items as the worldwide financial system traces its path again to restoration.

Taiwan, a worldwide hub for chip manufacturing and a key Apple Inc (AAPL.O) provider, is considered one of Asia’s main exporters of expertise items, and the commerce information is seen as an essential gauge of world demand for expertise devices.

Last month’s exports had been seen rising 25% on the yr, a Reuters ballot of 21 analysts confirmed, slowing barely from 26.9% in August.

The export forecasts ranged broadly between an increase of 12% and 29%, reflecting uncertainties over the worldwide financial restoration and the continuing provide chain disruptions attributable to the COVID-19 pandemic.

Separately, the patron value index (CPI) was anticipated to rise 2.20% from a yr earlier, in contrast with a rise of two.36% in August.

The inflation information shall be launched on Wednesday, adopted by the commerce information on Friday.

Poll compiled by Carol Lee; Reporting by Ben Blanchard; Editing by Rashmi Aich

Containers are seen stacked up at Keelung port, northern Taiwan, October 30, 2015.   REUTERS/Pichi Chuang