GDP growth forecast hits 7.71% - News Summed Up

GDP growth forecast hits 7.71%


GDP growth forecast hits 7.71%MORE CASH: With many employers raising wages and a high-flying stock market pushing up disposable income, private consumption is expected to grow 2.51%By Crystal Hsu / Staff reporterTaiwan’s government has sharply upgraded its economic outlook, buoyed by easing trade uncertainties with the US and sustained powerful global demand for artificial intelligence (AI) hardware. The Directorate-General of Budget, Accounting and Statistics (DGBAS) yesterday raised its GDP growth forecast to 7.71 percent for this year, more than doubling its November estimate of 3.54 percent in the largest upward revision on record. A technician works at an Amazon Web Services data center in New Carlisle, Indiana, on Oct. 2 last year. DGBAS statistics department head Tsai Yu-tai (蔡鈺泰) said export performance in the fourth quarter of last year far exceeded expectations, prompting the agency to reassess assumptions about global demand. DGBAS officials characterized the outlook as one of “rapid growth paired with price stability,” positioning Taiwan to sustain expansion even as the global economy remains uneven.


Source: Taipei Times February 13, 2026 17:13 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */