China Sept exports rise 28.1% y/y, better than forecast By Reuters

China Sept exports rise 28.1% y/y, better than forecast By Reuters

© Reuters. FILE PHOTO: A worker drives a truck carrying a container at a logistics center near Tianjin port, in Tianjin, China December 12, 2019. REUTERS/Yilei Sun/File Photo

BEIJING (Reuters) – China’s exports in September rose 28.1% from a year earlier, and imports increased 17.6%, customs data showed on Wednesday.

Analysts in a Reuters poll had forecast exports would rise 21% from a year earlier, after growing 25.6% in August.

Imports were expected to have expanded 20% from a year earlier, after rising 33.1% in August.

China posted a trade surplus of $66.76 billion in September, against the poll’s forecast for a $46.8 billion surplus and $58.34 billion surplus in August.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

Leave a Reply