AEIR 2017

Taipei,China

GDP growth reached 1.5% in 2016 and is expected to reach 2.0% in 2017. The steady domestic consumption growth and pickup in external demand for electronic components exports will support Taipei,China in achieving the forecast growth for the year. Lower food prices will push inflation downward, while rising imports contribute to narrowing current account surplus. The implementation of the government’s industrial policy will likely encourage private investment especially in financial technology.

Risks to outlook are slowdown in the PRC, trade tensions, and strong local dollar appreciation especially against the renminbi. Growth forecast for 2018 is at 2.2%.

Source: Asian Development Outlook 2017 Update, ADB.
Latest Month-Ago Year-Ago
Composite Stock Price Index 1 10.0 (Jun18)10.0 10.0
Broad Money Growth 2 4.0 (May18)4.0 3.5
Headline Inflation Rate 3 1.6 (May18)2.0 0.6
Industrial/ Manufacturing Production Growth Rate 3 3.1 (Mar18)-2.2 3.9
Merchandise Export Growth 3 14.2 (May18)14.2 10.0
1 Monthly average, local index.
2 %.
3 y-o-y, %.
Source: Bloomberg LP; CEIC database; Ministry of Economic Affairs; Ministry of Finance.