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MNI BRIEF: Taiwan's Current Account Surplus Shrinks In Q3

MNI (BEIJING)
MNI (Beijing)

Taiwan’s current account surplus shrank for a third consecutive quarter, squeezed by high raw materials import prices and faltering external demand, Taiwan’s central bank said on Monday.

The current account surplus for Q3 dropped to USD20.71 billion, the lowest figure since Jan 2020, and a 20% decrease from the previous month's USD26.55 billion, according to data available on the Central Bank of the Republic of Taiwan’s website.

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Taiwan’s current account surplus shrank for a third consecutive quarter, squeezed by high raw materials import prices and faltering external demand, Taiwan’s central bank said on Monday.

The current account surplus for Q3 dropped to USD20.71 billion, the lowest figure since Jan 2020, and a 20% decrease from the previous month's USD26.55 billion, according to data available on the Central Bank of the Republic of Taiwan’s website.

Keep reading...Show less