Taiwan’s financial progress for first-quarter 2019 is estimated at 1.71%, 0.01pp decrease than the 1.72% preliminarily estimated in April 2019, in response to the Directorate General of Budget, Accounting and Statistics (DGBAS).
The adjustment in forecast for 2019 financial progress has taken under consideration the impression of the US-China commerce disputes on Taiwan-based producers who obtain orders in Taiwan however undertake manufacturing in China for exports to the US, DGBAS indicated.
DGBAS: Taiwan financial progress, 2019 |
||||
Economic progress |
On-year CPI enhance |
GDP per capita |
GNI per capita |
|
2018(e) |
2.63% |
1.35% |
US$25,026 |
US$25,501 |
1Q19(e) |
1.71% |
0.33% |
US$6,133 |
US$6,298 |
2019(f) |
2.19% (down from 2.27% forecast in Feb 2019) |
0.71% |
US$24,827 |
US$25,360 |
Source: DGBAS, compiled by Digitimes, May 2019