US EditionTaiwan's Economy Close to Overheating: Economic Indicator Index
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2 Articles
Taiwan's economy close to overheating: Economic indicator index
Taipei, Dec. 29 (CNA) An index gauging the state of Taiwan's economy turned warmer in November, reflecting an ongoing boom in demand for AI applications that could cause the economy to overheat in the near future, the National Development Council (NDC) said Monday.
The National Development Council (NDC) announced on the 29th that the economic indicator for November remained at the yellow-red level for the third consecutive month, signifying a booming economy. The NDC's overall assessment score was just one point away from turning red. The NDC stated that most major institutions predict Taiwan's economic growth rate will exceed 3% by 2026, but it still needs to pay attention to variables such as changes in …
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