Taiwan inflation eases; Cathay sharply cuts growth forecast

06/5/2013 | Taipei Times (Taiwan), The · Taipei Times (Taiwan), The

Taiwan's consumer inflation fell to a 0.74% annual rate last month, perhaps opening the door a bit wider for a central bank rate cut. Separately, Cathay Financial Holding sharply reduced its Taiwan growth forecast for 2013, to 2.27% from the March estimate of 4.23%, and warned that growth could fall to less than 2% if a second-half recovery is less robust than expected.

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Taipei Times (Taiwan), The · Taipei Times (Taiwan), The

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