Taiwan's economic growth accelerated in the fourth quarter on the back of a recovery in consumer spending, advance estimates from the Directorate-General of Budget, Accounting and Statistics showed Thursday.
Real gross domestic product expanded 4.88 percent on a yearly basis in the fourth quarter, following a 3.7 percent rise in the third quarter. The growth was forecast to rise marginally to 3.8 percent.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.