ING Economic and Financial Analysis·2026-04-30·via All Articles on Seeking Alpha
Summary
GDP growth once again beat expectations in the first quarter to hit 13.69% year-on-year, eclipsing even the most bullish forecast on the market as the AI boom continues to drive external demand higher.
Risks to our full year forecast look tilted to the upside, but the impact of the Iran war has yet to be seen in the data.
We saw in the March data that Taiwan’s oil import prices have yet to catch up with the spike in spot oil prices.
1Q26 GDP growth accelerated to 13.69% YoY, up from 12.65% YoY in 4Q25, bucking expectations for a slight moderation of growth. This rate of growth beat the
