The IHS Markit Taiwan Manufacturing PMI declined to 54.7 in September 2021 from 58.5 in August, pointing to the lowest reading since August 2020, as both output and new orders grew at the slowest pace since July 2020, amid disruptions of parts supplies due to the pandemic. Meanwhile, the rate of job creation eased to the second-lowest seen in the year-to-date. On the price front, input costs inflation slowed to a 10-month low. Meanwhile, output cost inflation accelerated, as firms increasingly sought to pass higher costs on to clients. Finally, business sentiment weakened to the lowest since June 2020, amid concerns around the outlook largely stemmed from COVID-19 related uncertainty, subdued demand conditions and input shortages. source: Markit Economics

Manufacturing PMI in Taiwan averaged 51.83 points from 2011 until 2021, reaching an all time high of 62.40 points in April of 2021 and a record low of 41.90 points in May of 2020. This page provides the latest reported value for - Taiwan Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Taiwan Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Manufacturing PMI in Taiwan is expected to be 55.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Manufacturing PMI is projected to trend around 52.00 points in 2022 and 51.00 points in 2023, according to our econometric models.

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Taiwan Manufacturing PMI


News Stream
Taiwan Manufacturing PMI Falls to 13-Mnonth Low
The IHS Markit Taiwan Manufacturing PMI declined to 54.7 in September 2021 from 58.5 in August, pointing to the lowest reading since August 2020, as both output and new orders grew at the slowest pace since July 2020, amid disruptions of parts supplies due to the pandemic. Meanwhile, the rate of job creation eased to the second-lowest seen in the year-to-date. On the price front, input costs inflation slowed to a 10-month low. Meanwhile, output cost inflation accelerated, as firms increasingly sought to pass higher costs on to clients. Finally, business sentiment weakened to the lowest since June 2020, amid concerns around the outlook largely stemmed from COVID-19 related uncertainty, subdued demand conditions and input shortages.
2021-10-01
Taiwan Manufacturing Growth Eases in August
The IHS Markit Taiwan Manufacturing PMI decreased to 58.5 in August 2021 from 59.7 in July, pointing to the second lowest reading since last November. Output growth slowed to the second-weakest seen over the past year, while new orders rose at a softer pace. At the same time, new export orders growth eased to a 10-month low, amid reports of pandemic related disruption across a number of key markets. Meanwhile, the rate of job creation was the joint-fastest since December 2017, with backlogs of work continued to rise at one of the fastest rates on record, as an insufficient supply of materials limited firms' ability to process and complete orders. On the price front, input costs inflation eased to a nine-month low. As a result, output inflation slowed to the least since February. Finally, business sentiment weakened slightly.
2021-09-01
Taiwan Manufacturing Growth Accelerates in July
The IHS Markit Taiwan Manufacturing PMI increased to 59.7 in July 2021 from 57.6 in June, signaling a marked improvement in operating conditions, amid the steeper increase in production was stronger upturns in both total new work and export sales, as the impact of COVID-19 had weakened. Export sales rose with reports of strong demand in the US, China and Europe. Meanwhile, the rate at which backlogs increased was among the steepest on record. At the same time, employment rose modestly. Also, purchasing activity grew at a rapid pace. On the price front, input cost inflation eased to a seven-month low, amid reports of higher fees for transportation. As a result, output charged inflation softened for the second month in a row. Finally, business sentiment strengthened to a three-month high on concerns over the impact of the pandemic would subside, and global economic conditions would continue to recover in the months ahead.
2021-08-02
Taiwan Manufacturing PMI Falls to 7-Month Low
The IHS Markit Taiwan Manufacturing PMI declined to 57.6 in June 2021 from 62.0 in May, signaling the lowest PMI reading since last November, amid the weakest increases in output and new orders for over a decade. New export sales also rose to a weaker extent, albeit still rapidly overall. However, suppliers' delivery times extended at a near-record pace. Also, purchasing activity grew at a slower pace. Meanwhile, employment continued to increase at a solid pace that was little-changed from the previous month. On the price front, input cost inflation accelerated amid reports of higher prices for raw materials and transportation, while output charged inflation softened. Finally, business sentiment weakened to an eight-month low on concerns over the recent rise in COVID-19 infections.
2021-07-01

Taiwan Last Unit Reference Previous Highest Lowest
Manufacturing PMI 54.70 points Sep/21 58.50 62.40 41.90


Taiwan Manufacturing PMI
The IHS Markit Taiwan Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 300 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), EmploySuppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.