By: Tsai Yi-chu and Frances Huang
Taipei, Jan. 30 (CNA) The local manufacturing sector flashed a “yellow-blue” light in
December, pointing to sluggish growth, partly because of slow season effects in the electronics industry, the Taiwan Institute of Economic Research (TIER) said Tuesday.
A stronger Taiwan dollar against the U.S. dollar and slower growth in international crude oil prices also affected the local manufacturing sector’s operations in the month, TIER said.
It was the seventh consecutive month the local manufacturing sector has flashed a yellow-blue light, marking the longest stretch of yellow-blue signals since February 2015, TIER added. [FULL STORY]