Business climate monitor stays ‘green’

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

Taipei Times
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]

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