International Reserves in Taiwan
Taiwan - International Reserves
Annual economic growth accelerated for the second consecutive time in the third quarter, as government spending ramped up and private consumption growth accelerated slightly, supported by stronger loan growth. On the external front, exports of goods and services increased at a robust pace, defying the wider global trade slowdown. Turning to the fourth quarter, however, the economy seems set for a slowdown. Tourist arrivals from mainland China were down almost 50% in September compared to the same month a year earlier, which contrasted a small increase in August and was due to the Chinese government’s decision to curb tourist visits to Taiwan amid poor cross-strait relations. Moreover, the manufacturing PMI fell in October, pointing to weaker business activity, after the PMI momentarily rebounded for the first time in 11 months in September.Taiwan - International Reserves Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| International Reserves (USD) | 417 | 419 | 426 | 434 | 452 |
Taiwan International Reserves Chart
Source: Central Bank of China.
Taiwan Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.70 | 1.28 % | Nov 21 |
| Exchange Rate | 30.52 | 0.07 % | Nov 21 |
| Stock Market | 11,558 | 0.37 % | Nov 21 |
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Economic News
Taiwan: Inflation edges higher in November
December 5, 2019
Consumer prices decreased 0.41% in November compared to the previous month, contrasting the 0.03% increase in October.
Taiwan: Manufacturing PMI remains depressed in November
December 2, 2019
The manufacturing Purchasing Managers’ Index (PMI), reported by IHS Markit, remained unchanged at 49.8 in November, once again coming in below the 50-threshold that signals deteriorating operating conditions in the manufacturing sector. The amount of new work received by manufacturers decreased in November for the 15th consecutive month.
Taiwan: Industrial production remains in the doldrums in October
November 25, 2019
Industrial output declined 2.9% in October compared to the same month a year earlier, sharper than the 0.7% decrease in September (previously reported: -0.8% year-on-year). The downturn in October was driven by a steeper fall in output in the manufacturing sector, which represents more than 90% of total industrial production.
Taiwan: Exports fall in October, but at a moderated pace
November 8, 2019
Merchandise exports decreased 1.5% in October in annual terms, after decreasing 4.6% in September.
Taiwan: Inflation holds steady in October
November 6, 2019
Consumer prices increased 0.03% in October compared to the previous month, down from the 0.17% increase in September.
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