ON A ROLL:The monitor indicated steady growth for the eighth consecutive month despite some slowing, and is expected to pick up for manufacturing and exports
Date: Mar 28, 2017
By: Crystal Hsu / Staff reporter
The government’s business climate monitor was “green” for the eighth consecutive month last month, reflecting a stable improvement in the economy, although the pace slowed from the previous period, the National Development Council said yesterday.
The council’s monitoring system registered 28, a point lower than January, mainly due to slowing manufacturing activity, National Development Council Director Wu Ming-huei (吳明蕙) said.
“Many manufacturers moved their production schedule ahead to January to avoid disruptions over the Lunar New Year holiday, rendering sales slightly softer in February,” Wu told a media briefing. [FULL STORY]