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Taiwan GDP Growth Accelerates on Consumption, Technology Exports

Taiwan’s economic growth accelerated last quarter as consumption improved along with electronics exports amid stronger global demand for such products.

Gross domestic product rose 3.46 percent from a year earlier in the three months through March, according to preliminary data released by the statistics bureau on Thursday. It compares with the 3.5 percent median estimate in a Bloomberg survey of analysts and 3.35 percent in the prior period.