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Exports rose 2.6 percent in April from a year earlier, Ministry of Finance data showed on Thursday, slower than a 3 percent increase expected by economists in a Reuters poll and a 4.3 percent rise in March. That marked the weakest gain since February 2021, when exports declined 4.5 percent.
The world's No. 3 economy emerged from recession in the first quarter, helped by a boost in consumer spending and tourism following the end of Covid-19 pandemic restrictions, but weak exports are weighing on factory activity and hampering a broader recovery.
Esta historia es de la edición May 19, 2023 de The Straits Times.
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Esta historia es de la edición May 19, 2023 de The Straits Times.
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