Cityscape at night in Taiwan

Taiwan PMI September 2019

Taiwan: Manufacturing PMI improves in September

The manufacturing Purchasing Managers’ Index (PMI), reported by IHS Markit, increased to 50.0 in September from 47.9 in August, hitting the 50.0-threshold that separates expansion from contraction and thereby marking the first time in one year that the manufacturing sector has not contracted.

The overall manufacturing PMI recovered in September thanks to a recovery in the output and new orders components of the PMI, which suggested that both output and new orders continued to decrease in the month but at a less severe pace than in August. Possibly on the back of this, manufacturers increased their headcounts in September at the fastest pace since May 2018, although the increase itself remained modest. Nevertheless, manufacturers reduced their purchasing activity in September, as has been the case every month so far this year. In terms of prices, input prices continued to fall in September, as did output prices. Looking ahead, business confidence dipped in September, although manufacturing firms remained mildly optimistic about the 12-month business outlook.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest