Taiwan’s financial system is more likely to develop extra slowly this 12 months than beforehand forecast, the statistics workplace mentioned on Wednesday, whereas additionally slashing the island’s export outlook as a result of world inflation, charge rises and affect of the struggle in Ukraine.
Full Story by way of Reuters
Gross home product (GDP) for 2023 is now anticipated to be 2.12%
The statistics company now sees 2023 exports down 5.84% on final 12 months, in contrast with a 0.22% contraction predicted earlier.
