Taiwan GDP Grew More Than Estimated Last Quarter on Exports
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Taiwan’s economy expanded at a faster-than-estimated pace in the fourth quarter last year, as a recovery in Europe and the U.S. boosted the island’s exports.
Gross domestic product rose 2.92 percent from a year earlier after increasing 1.66 percent in the third quarter, the statistics bureau said in a preliminary report in Taipei today. The median estimate of 18 economists in a Bloomberg News survey was 1.83 percent.