By: Chen Cheng-wei, Tsai Yi-chu and Frances Huang
Taipei, June 27 (CNA) Taiwan’s economy flashed a yellow-blue light in May for the second
consecutive month but still showed improvement over April due to an increase in machinery and electric equipment imports, the National Development Council (NDC) said Monday.
Citing data, the NDC said the overall composite score of monitoring indicators for May rose three points from a month earlier to 20, representing the second consecutive monthly yellow-blue light after a blue light in March.
The NDC said the recovery also reflected increases in industrial production and manufacturing sector sales in the month. [FULL STORY]