Taiwan February Export Growth Slows to 20.6 Percent
Taiwan exports rose 20.6 percent in February as AI demand remained strong. Growth missed forecasts due to holiday timing but momentum is expected to continue.
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Taiwan reported a 20.6% year-on-year increase in exports for February, reaching a total of $49.8 billion. While the performance extended the streak of consecutive monthly gains to 28, the growth rate slowed significantly from the 69.9% surge recorded in January and fell short of the 28.8% expansion projected by a Reuters poll. The finance ministry attributed the moderation to the week-long Lunar New Year holiday, which reduced the number of working days compared to the previous year.
