Taiwan's export orders fell in May, but the pace of decline was less steeper than expected, data from the Department of Statistics of the Ministry of Economic Affairs showed Wednesday.
Export orders, an indicator of foreign trade growth at least in the next couple of months, dropped 3.04 percent year-on-year in May.
This was slower than the 3.7 percent fall forecast by economists. In April, the rate of decline in overseas orders was 3.52 percent.
Month-on-month, export orders rose 1.07 percent in May.
by RTT Staff Writer
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