TAIPEI: Taiwan’s exports are likely to have rebounded in March as electronics demand picked up, after a drop in February due to the Lunar New Year holiday, a Reuters poll showed.
March exports are estimated to have expanded 7.6 percent from a year earlier, according to the median forecast of 14 analysts polled by Reuters. Exports fell 1.2 percent in February.
Imports in March likely rose 9.6 percent from a year earlier, the poll showed, accelerating from a 0.9 percent growth in February, while the trade surplus is estimated to have reached $3.93 billion, compared with $2.92 billion in February.The year-over-year inflation in March, as measured by Taiwan’s consumer price index, is estimated to have eased to 1.6 percent, the poll showed, from 2.19 percent in February.