Taiwan's economy expanded at an accelerated pace in the second quarter, according to advance estimates by the Directorate General of Budget, Accounting, and Statistics, or DGBAS, revealed on Thursday.
Gross domestic product, or GDP, advanced 7.96 percent year-on-year in the June quarter, faster than the 5.48 percent increase in the March quarter. The expected growth rate was 5.70 percent.
On the expenditure side, private final consumption grew by 0.56 percent over the year, and government final consumption rose by 2.85 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.