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