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TAIWAN ECONOMY RATED GREEN LIGHT FOR JAN: CEPD.
TAIPEI, March 2 Asia Pulse - A green light was recorded for Taiwan's economy in January for the fourth consecutive month, meaning that the domestic economy has been growing steadily, according to a government report released Monday.
The report, compiled by the Council for Economic Planning and Development (CEPD) under the Executive Yuan, shows that the composite index, which combines both leading and current indicators, fell to 24 points for January from December's 26 points.
Hu Chung-ying, director of the CEPD's Economic Research Department, attributed the decrease in the composite index mainly to poor performance of the domestic financial and stock markets during that period.
...
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Source: HighBeam Research, TAIWAN ECONOMY RATED GREEN LIGHT FOR JAN: CEPD.