Export Orders (YoY) (Jan)
Event Data
| Metric | Value |
|---|---|
| Actual | 11.7% ↓ |
| Forecast | 12.0% |
| Previous | 12.1% |
Analysis
The actual value of 11.7% fell short of the forecast of 12.0%, suggesting economic concerns. This can put pressure on the TWD currency and may lead to increased market volatility.
Export Orders (YoY) (Jan) is an important economic indicator for Taiwan. This data is closely monitored by traders, investors, and policymakers to assess the health of the economy and make informed decisions. Regular monitoring of such indicators helps market participants anticipate central bank policy changes and economic trends.
Frequently Asked Questions
What is Export Orders (YoY) (Jan)?
Export Orders (YoY) (Jan) is an economic indicator released by Taiwan that measures important aspects of the economy. This data is closely monitored by traders, investors, and policymakers to gauge economic health and make informed decisions.
Why is this event important?
This event has Low importance for financial markets. It provides valuable insights into the economic conditions of Taiwan.
How did the actual value compare to forecasts?
The actual value (11.7%) fell short of the forecast (12.0%), which may indicate economic weakness. This can put pressure on the TWD currency.
When was this data released?
This economic data was released on September 2, 2023 at 08:00 UTC. Economic calendars help traders plan around these releases to manage risk and capitalize on market movements.