Taiwan’s economic growth slowed more than forecast last quarter as a food scandal weighed on demand.
Gross domestic product rose 3.17 percent from a year earlier in the three months through December, according to preliminary data the statistics bureau released in Taipei Friday. While that missed the 3.25 percent median estimate in a Bloomberg survey of analysts and declined from 3.63 percent in the prior quarter, the seasonally adjusted quarterly rate rose to 1.17 percent, the fastest pace in a year.
