Business climate cooling: NDC

FALLING INDICATORS:With the exception of closing stock prices and electrical and machinery equipment imports, all indices registered negative cyclical movements

Taipei Times
Date: Jun 28, 2017
By: Crystal Hsu / Staff reporter

The government’s business climate monitor was “yellow-blue” last month for the second consecutive month, dragged by soft shipments in the manufacturing sector, the National Development Council (NDC) said yesterday.

The leading and coincident indices pointed slightly downward, affirming that the pace of recovery has slowed, the council said.

“The latest data showed that the nation’s economy has continued to improve this year, compared with last year, but the pace appears wanting in terms of strength,” NDC Director Wu Ming-huei (吳明蕙) told a media briefing.

The overall monitoring score was 20 last month, one point less than in April, as manufacturing shipments slid into a recession.    [FULL  STORY]

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