SEOUL, March 30 (Reuters) – South Korea’s March exports probably rose at the strongest pace in nearly five years on a boom in chip demand fuelled by artificial intelligence investment, although the Iran war was set to drive up imports and inflation, a Reuters poll showed on Monday.
Exports from Asia’s fourth-largest economy, a bellwether for global trade, were projected to have risen 44.9% from a year earlier, according to a median forecast of 11 economists.
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That would be faster than the 28.7% rise in February and the strongest since May 2021. It would also mark the 10th consecutive month of year-on-year gains.
S.Korea exports to rise most in nearly 5 years, imports also higher on Mideast conflict: Reuters poll
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