TAIPEI: The Taiwan Institute of Economic Research (TIER) on Monday lowered its forecast for Taiwan’s 2022 gross domestic product (GDP) to below 4 percent, citing weaker private consumption.The think tank adjusted its 2022 forecast to 3.81%, down 0.29 percentage points from its previous estimate in April, joining other institutions that have cut their projections for Taiwan’s economic growth this year amid rising inflation and challenges associated with the prevalence of domestic COVID-19 cases, Central news agency (CNA) reported. Last week, Academia Sinica, the top research institute in Taiwan, lowered its economic growth forecast for 2022 from 3.85% to 3.52%, while the Chung-Hua Institution
Hence then, the article about think tank cuts taiwan s 2022 gdp growth forecast to 3 81 was published today ( ) and is available onDaily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Think tank cuts taiwan’s 2022 GDP growth forecast to 3.81% )