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TAIWAN'S ECONOMIC GROWTH FORECAST AT 5% FOR 2005: CEPD.
TAIPEI, Dec 1 Asia Pulse - Taiwan's economic growth rate and unemployment rate for 2005 have been forecast at 5 per cent and 4 percent, respectively, by the Cabinet-level Council for Economic Planning and Development (CEPD).
The CEPD forecast that per-capita income will reach US$14,900 next year, while the country's consumer price index (CPI) and its core CPI will increase no more than 2 per cent and 1.5 per cent, respectively.
In addition, the CEPD also estimated that the country will post an average economic growth rate of 4.9 per cent and an unemployment rate of 4 per cent, respectively, for the period from 2005 through 2008, when per-capita income is expected to hit US$17,700.
CEPD Vice Chairman Yeh Ming-feng said that relevant government agencies will do their best to ...
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Source: HighBeam Research, TAIWAN'S ECONOMIC GROWTH FORECAST AT 5% FOR 2005: CEPD.