Taiwan April exports seen falling for third month, CPI may ease again

TAIPEI: Taiwan's exports in April probably fell for a third straight month, easing 4.8 percent from a year earlier, a Reuters poll showed on Monday.

The annual export decline, however, would be narrower than the 8.9 percent fall recorded in March, the median forecast of 13 analysts found.

The softness in exports was seen likely due to uncertain global demand and partly from a high base of comparison the previous year.

The second quarter is also traditionally an off peak season for the island's technology exports.

Taiwan is one of Asia's major exporters, especially of technology goods, and its export trend is a key gauge of global demand for technology gadgets worldwide.

The island's consumer price index, as a guage of inflation, likely fell 0.6 percent in April from the same period a year earlier, which would be the fourth month of price declines.