Taiwan GDP Growth Rate YoY
Geared toward exports Taiwan's economy within manufacturing is really essential, accounting for approximately 31% of total gross domestic product (GDP). The services sector, which accounts for approximately 65% of GDP, is comparable to that of other advanced nations. Wholesale and retail trade (17.3% of GDP), real estate (8%), governmental administration, and defense (6.4%) are the most important services.
A higher than expected figure should be seen as positive (bullish) for the TWD while a lower than expected figure should be seen as negative (bearish) for the TWD.
News (TWD)
Taiwan Manufacturing PMI Improves To 47.4 - S&P Global
The manufacturing sector in Taiwan continued to contract in August, albeit at a slower rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 47.4.
RTTNews | 20 days ago
Taiwan Raises Growth Outlook
Taiwan's economy is expected to grow more than previously estimated this year on robust foreign demand for artificial intelligence and emerging technology applications. The economy is projected to expand 4.45 percent this year, which was revised up from 3.1 percent estimated earlier, the Directorate General of Budget, Accounting & Statistics said Friday.
RTTNews | 37 days ago
Taiwan Manufacturing PMI Sinks To 47.2 In June - S&P Global
The manufacturing sector in Taiwan continued to contract in June, and at a faster pace, the latest survey from S&P Global showed on Tuesday with a manufacturing PMI score of 47.2.
RTTNews | 82 days ago
