Tue, Jan 10, 2012 - Page 12 News List

Growth in exports slowest since 2009

DOWNWARD:Exports last month rose 0.6 percent from a year earlier, while contracting 2.9 percent from November, marking a second straight monthly decline, the MOF said

By Amy Su  /  Staff Reporter

“This may be an early sign that local producers are becoming less bearish than before, though we may need a few more months of such data to confirm that,” Taipei-based Standard Chartered Bank economist Tony Phoo (符銘財) said yesterday.

The trade surplus amounted to US$2.32 billion last month, up 46 percent from last year, with the full-year trade surplus totaling US$26.69 billion, the third-highest level in history, the ministry’s statistics showed.

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