TAIPEI: Taiwan’s trade-reliant economy is expected to have expanded at a slower pace in the third quarter due to the island’s Covid-19 outbreak, a Reuters poll showed, though supported by export growth and healthy global demand for semiconductors.
Gross domestic product (GDP) likely expanded 4% in the July-September period versus a year ago, the poll of 27 economists shows, after it grew 7.43% year-on-year in the second quarter. That would be its slowest rate of growth since logging 5.09% in the fourth quarter of last year.