Focus Taiwan
Date: 2018/07/27
By: Chu Tse-wei and Frances Huang

Taipei, July 27 (CNA) Taiwan’s economy has shown signs of weakening as an index gauging local economic fundamentals flashed a yellow-blue light for June, indicating sluggish growth, the National Development Council (NCD) said Friday.

In a statement, the NDC said the composite index of monitoring indicators for June fell seven points to 22, the lowest level since January, when the index stood at 20.

The seven-point fall was the steepest since August 2013, when the NDC began using the current version of the model used to calculate the index.

The fall in the index made the local economy flash a yellow-blue light, which represents a range between 17 and 22, ending a four-month streak of a green light.
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