Manufacturing, services firms’ sentiment weakens: survey

Focus Taiwan
Date: 2015/12/25
By: Chiu Po-sheng and Frances Huang

Taipei, Dec. 25 (CNA) Taiwanese manufacturers and service providers were 201512250022t0001less optimistic in November than a month earlier about their future prospects amid a weakening global economy, a survey released by the Taiwan Institute of Economic Research (TIER, 台灣經濟研究院) showed Friday.

The TIER’s manufacturing composite index for November fell 0.06 points from a month earlier to 91.24, and the service composite index dropped 0.48 points to 80.58.

Taiwan’s economy has showed signs of weakening, hit hard by a sustained decline in exports, which account for 60-70 percent of the country’s total gross domestic product.     [FULL  STORY]

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