Taiwan PMI returns to expansion in January

Taiwan News
Date: 2016-02-01
By: Central News Agency

Taiwan’s manufacturing purchasing managers index (PMI) began expanding again in January after six months of contraction, according to a report released by the Chung-Hua Institution for Economic Research (CIER) Monday.

The local PMI index for January rose 4.7 points from a month earlier to 51.3, the think tank said.

A PMI reading of above 50 indicates expansion in manufacturing activity, while a figure below 50 signals contraction.     [FULL  STORY]

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