TAIPEI -- Taiwan's economy will experience slower growth in 2023 than previously expected, the national statistics agency said on Wednesday as it cut the island nation's export outlook in light of global inflation, interest rate increases and the fallout from Russia's invasion of Ukraine.
Economy
Taiwan cuts GDP growth forecast for 2023 after exports slow down
Predicted export growth down over 5% in wake of rate rises and Ukraine
Export traffic is expected to slow at Taiwan's Keelung Port in 2023. © Reuters
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