Taiwan Downgrades Growth Outlook On Weak Investment, Subdued Global Recovery

Taiwan's economy is forecast to grow at a slower than previously projected pace in the face of global growth slowdown and weak domestic investment prospects despite a faster momentum in private consumption, the Directorate General of Budget, Accounting & Statistics said on Wednesday. The real growth outlook for 2023 was lowered to 2.12 percent from 2.75 percent estimated in January.

from RTT - Top Story https://ift.tt/H3dncUZ
via IFTTT