Taiwan’s Strong GDP Growth Belies Erosion of Household Earnings

📆 5/29/2024 9:02 PM
📰 BNNBloomberg

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Taiwan is set to release data Thursday that shows its economy growing at the fastest pace in almost three years. What the figures won’t show is that inflation has outpaced wage growth over much of that time, eroding real incomes for households across the island.

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