Focus Taiwan
Date: 2017/11/27
By: Chen Cheng-wei and Frances Huang
Taipei, Nov. 27 (CNA) The local economy continued to flash a “green light,” pointing to
CNA file photo
steady growth, but momentum weakened with an index gauging economic conditions falling month-on-month in October, the National Development Council (NDC) said Monday.
The NDC said the composite index of monitoring indicators reached 23 in October, down five from September, though the latest figure still remained in the “green light” range of 23-31.
The September index was revised down to 28 points from the previous reading of 30 by the NDC.
October is the third consecutive month the index has flashed a green light, data compiled by the NDC showed. [FULL STORY]
