By: Pan Tzi-yu, Tsai Fan-min and Ko Lin
The composite index of monitoring indicators flashed a yellow-blue light at 20 points, down from 24 and a green light in February, according to data compiled by the NDC, Taiwan's top economic planning agency.
The NDC uses a five-color system to gauge the country's economic performance, with blue indicating economic recession, yellow-blue representing sluggishness, green signifying stable growth, yellow-red referring to a warming economy and red pointing to overheating.
Out of the nine factors in the composite index for March, the sub-indexes for monetary aggregates (M1B) and manufacturing shipments remained green lights, while the sub-index for exports flashed a blue light, compared with a green light a month earlier, the NDC said. [FULL STORY]