Economy projected to grow 2.41% in 2012.

By bne IntelliNews August 6, 2012
Taiwan's gross domestic product (GDP) is projected to grow 2.41% this year, as compared to the earlier forecast of 3.48%. As reported by Taiwan Economic News, the country's economy is likely to revive from the bottom as the manufacturing industry is projected to recover strength during the second half of the year. The country's business climate monitoring index of manufacturing was recorded at 87.68 points in June, which was the lowest of its kind since March 2009.

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