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Office of Labour in Taipei Reports “Forecast of 3.48 Percent Growth in Taiwanese Economy in 2015”

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              The Economic Research Center in Taiwan forecasted the Taiwanese economy in 2015 would grow by a little whereby expecting the economic growth rate (GDP) to be 3.48 from the GDP of 2014 which was 3.44 percent. The global economy before the end of 2014 may grow 0.5 to 0.6 points which is one factor in helping the Taiwanese economy grow and move towards a positive direction too. Furthermore, there are also internal factors in Taiwan which influenced researchers to predict a positive growth which include the statistics on the sustainable and growing consumption in the private sector, as well as the increased number of inbound tourists.  

         

              The Economic Research Center in Taiwan forecasted the Taiwanese economy in 2015 would grow by a little whereby expecting the economic growth rate (GDP) to be 3.48 from the GDP of 2014 which was 3.44 percent. The global economy before the end of 2014 may grow 0.5 to 0.6 points which is one factor in helping the Taiwanese economy grow and move towards a positive direction too. Furthermore, there are also internal factors in Taiwan which influenced researchers to predict a positive growth which include the statistics on the sustainable and growing consumption in the private sector, as well as the increased number of inbound tourists.  


 

             Mr. Sun Min Tur, Director of the Center for Economic Forecasting of the Research Institute stated that in 2015 there are many uncertain factors which include the increase of interest rates of the Central State Government which is an important factor. In addition to this includes the fluctuation in petrol prices in the global market and political conflicts in many countries across the world, as well as the Ebola epidemic.  Futhermore, they would have to follow situations of the FTA between Korea and other countries and the creation of the Chinese supply chain which has effects on the growth of the Taiwanese economy.  

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Office of Labour in Taiwan  
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