CIER adjusts 2010 economic forecast upward

The Chung-Hua Institution for Economic Research (CIER) also predicted that the economic contraction will be reduced to 2.96 percent from its previous forecast of 3.72 percent, against a backdrop of rising consumer confidence, boosted revenues for both the retail and restaurant sectors, and positive November growth of both exports and imports — the first growth of this kind this year. <...more>


Publication Date:12/15/2009
Source: Taiwan News
Editor: Erin Ho and Bear Lee