China's May exports rise 27.9% y/y, imports +51.1% y/y

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China's May exports rise 27.9% y/y, imports +51.1% y/y​

By Reuters Staff
1 MIN READ

BEIJING, June 7 (Reuters) - China’s exports rose 27.9% in May from a year earlier, missing forecasts, while imports increased 51.1%, customs data showed on Monday, as the world’s second-largest economy continued its recovery from last year’s pandemic slump.
Analysts in a Reuters poll of economists had forecast exports would jump 32.1% from year earlier and for imports to rise 51.5%.
China posted a trade surplus of $45.53 billion in May, compared with the poll’s forecast for a $50.5 Billion surplus and widening from $42.86 billion surplus in April.

China's May exports rise 27.9% y/y, imports +51.1% y/y

China's exports rose 27.9% in May from a year earlier, missing forecasts, while imports increased 51.1%, customs data showed on Monday, as the world's second-largest economy continued its recovery from last year's pandemic slump.

www.reuters.com