Reported 7 months ago
During the second quarter of the board of directors meeting, the Central Bank of Taiwan adjusted its annual economic growth rate forecast to 3.77% due to moderate growth in private consumption, global demand recovery, and expanding opportunities in emerging technology applications, which are expected to support Taiwan's export momentum and boost private investment. The inflation forecast for the year was also revised downward to 2.12%, with CPI and core CPI expected to decrease compared to the previous year. Factors contributing to the positive economic outlook include robust demand for AI and emerging technology applications, strong export growth, stability in private consumption, and an increase in private investment.
Source: YAHOO