Saturday, October 30, 2010

Taiwan industrial production slows down in September

From http://news.ino.com/headlines/?newsid=102520100353 (in English)

Industrial output of Taiwanese economy grew 12.21% year-on-year last September 2010, less than the 14.9% expected by economists. This growth rate was the lowest since October 2009 and was half that of August 2010, which accounted for an impressive 23.74%.

The growth of economy in Taiwan was 13.7% in the first trimester of 2010 and 12.53% in the second, but government experts expect this growth to be reduced to 8.24% in overall 2010. Forecasts for 2011 are estimated at 4.64%.

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