China’s exports rose unexpectedly in March, first gain in six months
Apr, 13, 2023 Posted by Gabriel MalheirosWeek 202318
China’s exports unexpectedly rose 14.8% in March, beating expectations by a large margin and ending a falling streak that began in October.
The result compared with the median forecast of a 7.0% decline by economists polled by The Wall Street Journal and rebounded from the 6.8% drop recorded in January-February, data from the General Administration of Customs showed Thursday.
Imports fell 1.4% from a year earlier, compared with a 10.2% decline in the first two months of the year. Economists surveyed expected imports to have fallen 5.0%.
The trade surplus was $88.19 billion in March, compared with $41.0 billion expected by the economists.
Source: Valor Econômico
To read the original reporting, access: https://valor.globo.com/mundo/noticia/2023/04/13/china-exportacoes-surpreendem-e-sobem-148percent-em-marco-em-base-anual.ghtml
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