Taiwan’s economy still weakening, indicators show

Focus Taiwan
Date: 2016/01/27
By: Chen Cheng-wei and Frances Huang

Taipei, Jan. 27 (CNA) Taiwan’s economy continued to weaken as the 201601270032t0001key economic indicators for December flashed a “blue light” for the seventh consecutive month, the National Development Council (NDC) said Wednesday.

The overall composite score of monitoring indicators for December fell one point from a month earlier to 14.

The composite score, which comprises nine factors, flashed the first blue light in April 2015 and improved slightly to a yellow-blue light in May. But, since June, the key indicators have been flashing a blue light, with the scores ranging between 14 and 16.

The council employs a five-color system to gauge the country’s economic performance, with blue indicating a contracting economy, yellow-blue representing sluggishness, green denoting stable growth, yellow-red referring to a warming economy, and red pointing to an overheated economy.     [FULL  STORY]

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