Analysts cut forecasts for GDP growth

ZERO GROWTH?DBS said export orders, industrial production and the purchasing managers’ index indicated that growth in Taiwan might have fallen to zero last month

Taipei Times
Date: Jul 09, 2015
By: Crystal Hsu  /  Staff reporter

Research institutes have cut their forecasts for the nation’s GDP growth, which might struggle to stay above 3 percent this year after major economic barometers fared disappointingly in the first half.

Research institute Academia Sinica yesterday trimmed its projection to 3.24 percent from the 3.42 percent it estimated in December last year, citing weaker exports and private investment.    [FULL  STORY]

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