TAIPEI - Taiwan's exports likely rose for a fifth straight month in November, helped by strong demand for electronic goods as people work and study from home during the COVID-19 pandemic, according to the median forecasts of 13 analysts polled by Reuters. Taiwan is one of Asia's major exporters, especially of technology goods, and its export trend is a key gauge of global demand for technology gadgets worldwide. Forecasts widely ranged between a growth of 6.0% and a rise of 13.8% amid uncertainties over the outbreak that has disrupted global supply chains and sent major economies into recession. Exports were seen up 8.4%. In October, they jumped 11.2%, an expectation-beating pace. Imports were seen edging up just 0.3% in November, after falling 1% in October. The trade data will be released on Monday. Taiwan's exports have been helped by demand for laptops and tablets to support the work-from-home trend during the pandemic. Product launches by vendors such as Apple ahead of the year-end shopping season also likely helped fuel the demand. The consumer price index (CPI) was tipped to fall 0.1% from a year earlier, compared with a drop of 0.24% in October. Inflation data will be released on Tuesday. REUTERS
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