The Nikkei Taiwan Manufacturing PMI dropped to 48.4 in November 2018 from 48.7 in a month earlier. It marked the second straight month of contraction in manufacturing activity and the steepest since October 2015. New orders fell for the third consecutive month and the most since September 2015. Also, new export sales declined at a similarly solid pace to that seen in October, and output continued to contract, with the rate of drop being only slightly softer than October’s 37- month record. Also, buying activity decreased the most in 38 months. Meanwhile, employment grew only slightly for the third straight month, while backlogs fell for the first time in since May 2017. Inflationary pressures meantime softened, with firms noting slower increases in both input costs and selling prices. Companies showed renewed optimism towards the year-ahead outlook but the level of confidence was relatively modest overall. Manufacturing PMI in Taiwan is reported by Markit Economics.

Manufacturing PMI in Taiwan is expected to be 51.30 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Taiwan to stand at 51.90 in 12 months time. In the long-term, the Taiwan Manufacturing PMI is projected to trend around 51.00 in 2020, according to our econometric models.

Taiwan Manufacturing PMI
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Taiwan Business Last Previous Highest Lowest Unit
Manufacturing PMI 48.40 48.70 56.90 45.60 [+]
Industrial Production 8.25 1.64 75.71 -43.30 percent [+]
Industrial Production Mom 1.05 2.32 9.75 -16.01 percent [+]
Manufacturing Production 9.24 2.02 84.23 -45.43 percent [+]
New Orders 48986.00 47858.00 48986.00 2278.00 USD Million [+]
Changes in Inventories 22522.00 8827.00 82252.00 -139605.00 TWD Million [+]
Bankruptcies 2902.00 2599.00 7810.00 1144.00 Companies [+]
Car Production 19373.00 16317.00 436732.00 7620.00 Units [+]
Car Registrations 21845.70 21836.18 22456.11 15439.63 Thousand [+]
Leading Economic Index 110.60 111.40 113.60 20.80 Index Points [+]
Internet Speed 16869.04 15640.45 16869.04 2728.96 KBps [+]
IP Addresses 7115844.00 7090423.00 12042415.00 4219872.00 IP [+]
Mining Production 1.00 -5.10 48.10 -37.70 percent [+]
Steel Production 1965.00 1925.00 2092.00 243.00 Thousand Tonnes [+]
Cement Production 796.72 850.36 2201.45 751.19 Thousands of Tonnes [+]
Coincident Index 110.79 110.94 114.86 20.48 Index Points [+]
Competitiveness Index 79.25 79.15 79.25 5.20 Points [+]
Competitiveness Rank 13.00 13.00 17.00 12.00 [+]
Ease Of Doing Business 13.00 15.00 15.00 10.00 [+]
Corruption Index 63.00 61.00 63.00 49.80 Points [+]
Corruption Rank 29.00 31.00 39.00 25.00 [+]


Taiwan Manufacturing PMI

The Nikkei 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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
48.40 48.70 56.90 45.60 2011 - 2018 Monthly
SA




Country Last Previous
Australia 51.30 Nov/18
Brazil 52.70 Nov/18
Canada 54.90 Nov/18
China 50.20 Nov/18
Euro Area 51.80 Nov/18
France 50.80 Nov/18
Germany 51.80 Nov/18
India 54.00 Nov/18
Indonesia 50.40 Nov/18
Italy 48.60 Nov/18
Japan 52.20 Nov/18
Mexico 49.70 Nov/18
Netherlands 56.10 Nov/18
Russia 52.60 Nov/18
Saudi Arabia 55.20 Nov/18
Singapore 51.50 Nov/18
South Africa 49.50 Nov/18
South Korea 48.60 Nov/18
Spain 52.60 Nov/18
Switzerland 57.70 Nov/18
Turkey 44.70 Nov/18
United Kingdom 53.10 Nov/18
United States 55.30 Nov/18


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