Reported 9 months ago
The Taiwan Institute of Economic Research anticipates a 3.57% economic growth rate for the year based on normalizing consumer spending, wage increases, and wealth effects from the soaring stock market. The power sector's outlook has shifted from stable green lights to rising yellow-red lights in May, reflecting an optimistic domestic economic outlook. Various industries, including the semiconductor sector, are experiencing growth in electricity usage, indicating a positive economic recovery. Global economic prospects are expected to remain stable in the second half of the year, influenced by factors like international trade and uncertainties such as US-China relations and AI development.
Source: YAHOO