Taiwan GDP growth slows to 3.06% in Q1 on weak consumption

Exports remain strong, logging growth of 23.5%

20220428 Taipei

Weak domestic consumption in Taiwan is dragging down economic growth.  © Reuters

THOMPSON CHAU, Contributing writer

TAIPEI -- Taiwan's economic growth slowed to 3.06% in the first quarter of 2022 from the same period a year earlier, according to preliminary data from the statistics agency released on Thursday.

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