Export Orders Achieve Three Consecutive Monthly Growth, Better Than Expected... Ministry of Economic Affairs: Q2 Will Be Better Than Q1

Reported about 1 year ago

The Ministry of Economic Affairs announced that export orders in May reached $48.89 billion, a 7% year-on-year increase, marking three consecutive months of growth and outperforming market expectations. With strong demand in AI driving the growth, export orders are expected to return to a growth trajectory this year. The Ministry projects a 11%-15% annual increase in June's export orders and a shift from negative to positive growth in Q2, ending seven consecutive quarters of decline.

Source: YAHOO

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