FLTW - Taiwan's Economic Outlook For H2 2022
- Taiwan’s economy grew 6.57% in 2021, thanks to strong global demand for electronic products that benefited the country's semiconductor industry.
- The country is facing is a high consumer price level as import prices of energy and food become higher.
- Political tension is the key long-term risk faced by Taiwan, and uncertainty about the recovery of consumer demand in Mainland China poses short-term risks to the semiconductor industry and exports.
- We have revised Taiwan's GDP growth forecast lower to 3.8% for 2022 from 4.2% previously.
For further details see:
Taiwan's Economic Outlook For H2 2022