Jul. 29, 2011
Advance Estimation Of Economic Performance in 2011 Q2
Moderate growth of external sector lead the real net exports of goods and services contributing 3.32 percentage points to GDP growth in the second quarter of 2011. Associated with 1.55 percentage points contribution from domestic sector, the advance estimate of real gross domestic product (GDP) increased by 4.88% from the same quarter of 2010 (former prediction is 4.64%). Measured by quarter, the seasonally adjusted annual rate (saar) for 2011 Q2 decreased by 3.61%.
Latest Outlook for 2011
Various potential risks of world economy might slightly subdue the strength of global recovery. Benefited from growth of electronic product sales, however, Taiwan's export is anticipated to sustain expansion. Combining the robust private consumption, real GDP is predicted to grow by 5.01% in 2011(formerly 5.06%). CPI will increase 1.89%.
Full text and tables (PDF)