The IHS Markit Taiwan Manufacturing PMI dropped to 47.9 in August 2019 from 48.1 in July. This was the eleventh straight month of contraction in the manufacturing sector, with both output and total new orders declining for the twelfth month running and at solid rates. Also, export orders continued to fall sharply overall, with the rate of reduction among the quickest seen over the past four years. In response to weak overall demand conditions, firms cut back on their buying activity and their holdings of both purchased and finished goods. On a more positive note, employment rose slightly for the second straight month, with backlogs of works depleting further. On the price front, average input costs fell further, amid widespread reports of lower raw material prices. At the same time, firms cut their selling prices again, and at a faster rate than in July. Looking ahead, confidence strengthened, as companies anticipate greater investment, new products and stronger market conditions. Manufacturing PMI in Taiwan is reported by Markit Economics.

Manufacturing PMI in Taiwan is expected to be 48.20 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 50.00 in 12 months time. In the long-term, the Taiwan Manufacturing PMI is projected to trend around 49.80 in 2020, according to our econometric models.

Taiwan Manufacturing PMI
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Taiwan Business Last Previous Highest Lowest Unit
Manufacturing PMI 47.90 48.10 56.90 45.50 [+]
Industrial Production 3.03 -0.49 75.71 -43.30 percent [+]
Industrial Production Mom 1.92 0.67 9.75 -16.01 percent [+]
Manufacturing Production 3.07 -0.75 84.23 -45.43 percent [+]
New Orders 40047.00 40530.00 48986.00 2278.00 USD Million [+]
Changes in Inventories -4731.00 3617.00 82252.00 -139605.00 TWD Million [+]
Bankruptcies 3985.00 2960.00 7810.00 1144.00 Companies [+]
Car Production 12675.00 25891.00 436732.00 7620.00 Units [+]
Car Registrations 21987.76 21966.18 22456.11 15439.63 Thousand [+]
Leading Economic Index 112.20 112.30 113.60 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 -7.13 -7.92 48.10 -37.70 percent [+]
Steel Production 1890.00 1960.00 2092.00 243.00 Thousand Tonnes [+]
Cement Production 965.00 894.09 2201.45 748.64 Thousands of Tonnes [+]
Coincident Index 109.16 107.77 114.86 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 63.00 63.00 49.80 Points [+]
Corruption Rank 31.00 29.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
47.90 48.10 56.90 45.50 2011 - 2019 Monthly
SA




Country Last Previous
Australia 53.10 Aug/19
Brazil 52.50 Aug/19
Canada 49.10 Aug/19
China 50.40 Aug/19
Euro Area 47.00 Aug/19
France 51.10 Aug/19
Germany 43.50 Aug/19
India 51.40 Aug/19
Indonesia 49.00 Aug/19
Italy 48.70 Aug/19
Japan 49.30 Aug/19
Mexico 49.00 Aug/19
Netherlands 51.60 Aug/19
Russia 49.10 Aug/19
Saudi Arabia 57.00 Aug/19
Singapore 49.90 Aug/19
South Africa 45.70 Aug/19
South Korea 49.00 Aug/19
Spain 48.80 Aug/19
Switzerland 47.20 Aug/19
Turkey 48.00 Aug/19
United Kingdom 47.40 Aug/19
United States 50.30 Aug/19


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