TAIPEI (Reuters) – In the short-term there will only be a moderate impact on Taiwan’s economic growth from the war in Ukraine, the island’s central bank said on Friday.
But the war has pushed up global raw material prices thus increasing inflationary pressure in Taiwan, it added in a report submitted to parliament.
(Reporting by Liang-sa Loh; Writing by Ben Blanchard; Editing by Toby Chopra)
