Monitors flash ‘green’ for fifth straight month

Taipei Times
Date:L Dec 28, 2016
By: Kuo Chia-erh / Staff reporter

The government’s business monitoring system last month flashed “green” for the fifth consecutive month, reflecting a moderate, but continued improvement in the economy, the National Development Council said yesterday.

The council’s composite monitoring indicators seek to measure growth or decline in nine areas of the economy.

The overall score — which includes the leading and coincident indicators — increased by 2 points from October to 26 points last month, its highest level in the past 26 months.

“The performance came on the back of improving exports and local manufacturers’ increasing shipments,” council research director Wu Ming-huei (吳明蕙) told a news conference in Taipei yesterday.    [FULL  STORY]

Leave a Reply

Your email address will not be published. Required fields are marked *

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.