Amid ongoing tensions in the Middle East, Taiwan's Directorate-General of Budget, Accounting and Statistics (DGBAS) released its latest economic forecast, significantly revising this year's economic growth rate upward to 9.64%, the highest in 16 years. Director Tsai Yu-tai stated that the positive impact of the AI boom far outweighs the negative effects of the Middle East conflict. Total commodity exports are expected to reach $894.5 billion, a record high. Meanwhile, the Consumer Price Index (CPI) is projected to rise by 1.93%, remaining below the 2% inflation warning threshold.
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- Source: CNA (Central News Agency)
- Category: economic_report