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Think tank raises Taiwan 2015 GDP forecast to 3.67%

Think tank raises Taiwan 2015 GDP forecast to 3.67%

Taipei, Jan. 26 (CNA) The Taiwan Institute of Economic Research (TIER) on Monday raised its projection for Taiwan's economic growth in 2015, due in part to falling oil prices, an improving global economy and a better outlook on domestic consumption. The Taipei-based private research organization now expects Taiwan's gross domestic product (GDP) to grow 3.67 percent this year, up 0.19 percentage points over its previous forecast set in November. (By Jeffrey Wu)


Updated : 2021-09-27 10:24 GMT+08:00