Taiwan revises down 2023 GDP growth forecast on export slump

TAIPEIĀ  -Taiwan’s economy is likely to grow more slowly this year than previously forecast, the statistics office said on Wednesday, while also slashing the island’s export outlook due to global inflation, rate rises and impact of the war in Ukraine. Gross domestic product (GDP) for 2023 is now expected to be 2.12 percent higher than … Continue reading Taiwan revises down 2023 GDP growth forecast on export slump