The contraction was the lowest since May 2009 when exports tumbled 29.5%. YahooFinance
* May imports -30.4% y/y vs -19.8% forecast in Reuters poll* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=MYEXP%3DECI export poll data
The contraction was sharper than the 19.9% drop forecast by analysts surveyed by Reuters and the lowest since May 2009 when exports tumbled 29.5%, according to Refinitiv Eikon data. In April, shipments had fallen 23.8% year-on-year.
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