There are signs Taiwan’s exports may have peaked, while a new Omicron outbreak is chilling consumption, experts say. Photo: Reuters
There are signs Taiwan’s exports may have peaked, while a new Omicron outbreak is chilling consumption, experts say. Photo: Reuters

Coronavirus: Taiwan’s economic outlook dims as Omicron outbreak casts a shadow over growth

  • Analysts say the economic outlook for Taiwan has become more downbeat, with a new outbreak chilling consumption and signs exports may have peaked
  • Taiwan’s government in late May lowered its full-year economic growth forecast to 3.91 per cent, down from 4.42 per cent which it announced in February

There are signs Taiwan’s exports may have peaked, while a new Omicron outbreak is chilling consumption, experts say. Photo: Reuters
There are signs Taiwan’s exports may have peaked, while a new Omicron outbreak is chilling consumption, experts say. Photo: Reuters
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