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Central bank focuses on inflation before rate hike decision: Governor

Taipei, Dec. 12 (CNA) Taiwan's central bank is focusing on the state of inflation before deciding whether to raise interest rates again in its next quarterly policymaking meeting scheduled for Thursday, the bank's Governor Yang Chin-long (楊金龍) said on Monday. ....

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Think tank cuts Taiwan's GDP growth forecast for 2023

Taipei, Dec. 9 (CNA) The Chung-Hua Institution for Economic Research (CIER) has lowered its forecast for Taiwan's 2023 gross domestic product (GDP) growth to 2.72 percent, citing anticipated global economic weakness, it said Friday. ....

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Taiwan's PMI contracts in November for 5th consecutive month

Taipei, Dec. 1 (CNA) Taiwan's seasonally adjusted Purchasing Managers' Index (PMI) fell by 1.5 points to 43.9 in November, reflecting the fifth straight monthly contraction in the manufacturing sector, the Chung-Hua Institution for Economic Research (CIER) said on Thursday. ....

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Taiwan manufacturing index contracts again in October

Taipei, Nov. 1 (CNA) Taiwan's manufacturing sector contracted for the fourth consecutive month in October amid weakening global demand, according to a survey of purchasing managers released by the Chung-Hua Institution for Economic Research (CIER) Tuesday. ....

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CIER cuts Taiwan's 2022 GDP growth forecast to 3.28%

Taipei, Oct. 20 (CNA) The Chung-Hua Institution for Economic Research (CIER) on Thursday trimmed its forecast for Taiwan's 2022 GDP growth to 3.28 percent, citing high inflation in major countries and downside risks in the global economy. ....

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