Taiwan GDP Growth Misses Estimates After Food Safety Concerns

Taiwan’s economy grew at a slower pace than expected last quarter as concern over food safety damped spending at restaurants.

Gross domestic product rose 3.78 percent from a year earlier in the three months through September, according to the statistics bureau’s preliminary data released today, compared with the median 3.9 percent estimate in a Bloomberg survey of economists and 3.74 percent growth in the previous period.