91AV原创 export growth slowed a tad in August while remaining at an elevated pace, with shipments of semiconductors and chip manufacturing equipment surging.
The value of exports rose 19.3% from a year earlier, slowing from a 23.2% gain in July, the Finance Ministry reported Wednesday. The result, the 12th straight month of increases, compared with economists’ median forecast of an 18.4% increase.
Imports rose 28%, compared with economists’ estimate of a 26.3% increase. The trade deficit widened to ?1.1 trillion on an unadjusted basis from a revised ?638.3 billion ($4.1 billion) deficit in July, marking a fourth straight month in the red.
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