- Exports adjusted for working-day differences rose 72.5% year over year in August, accelerating from a revised 63% increase in July.
- Imports increased 22.5%, producing a $34.7 billion trade surplus.
- Artificial-intelligence demand powered chip shipments and supported broader economic growth, reducing pressure on the central bank to reverse its hawkish stance.
Quotes
“Exports adjusted for working-day differences climbed 72.5% last month from a year earlier”