Macroeconomic Forecast Taiwan

March 2008 | Macroeconomic Forecasts

Official View: Full-year GDP growth came in at a surprising 5.72% in 2007 after an impressive 6.39% y-o-y expansion in Q407. The Directorate General of Budget, Accounting and Statistics has, however, cut its GDP growth forecast for 2008 from 4.53% to 4.32% in 2008 on expectations that the economy will decelerate gradually over the year.

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