Taiwan lowers GDP growth forecast for 2019 | 2019-05-26 | daily-sun.com

Taiwan lowers GDP growth forecast for 2019

25th May, 2019 10:07:10 printer

TAIPEI: Taiwan’s statistical authority on Friday lowered its forecast for the island’s 2019 economic growth to 2.19 percent.

The latest growth forecast was 0.08 percentage points lower than the previous one made in February, reports Xinhua.

The statistical agency expects Taiwan’s per capita GDP in 2019 to reach 24,827 U.S. dollars, and the consumer price index to rise 0.71 percent year on year.

Many think tanks in Taiwan hold prudent views on the economic outlook of the island.


Top