TIER expects 5% GDP growth for the first half of this year with a potential drop to under 1% in the second half ahead of next week's U.S. tariff rate announcement. Experts say local businesses' response to the tariffs will be critical. TIER also says CPI rose to 1.37% last month.
00:00A leading economic think tank says Taiwan will see a strong first half and a weaker second half for 2025, with GDP growth of just over 3%.
00:10The Taiwan Institute of Economic Research expects 5% growth for the first half of the year, with strong tech exports, capital investment and front-loaded orders before U.S. tariffs take effect.
00:21But the Institute said growth could drop below 1% in the second half, with weak domestic demand and softening external demand.
00:28Experts say how local businesses respond to possible U.S. tariffs will be critical.
00:45The think tank also said Taiwan's consumer price index rose 1.37% in June, while core inflation continued to ease.
