Breaking News

Taiwan Economy Contracts 3.02% Amid Lower Investments

Taiwan's economy contracted for the second straight quarter in three months ended March, largely due to weaker investments, official data showed Friday.

Gross domestic product declined at a faster pace of 3.02 percent on a year-on-year basis after falling 0.41 percent in the fourth quarter, a preliminary estimate by the Directorate General of Budget, Accounting, and Statistics revealed.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Breaking News