The S&P Global Taiwan Manufacturing PMI rose to 55.2 in February 2026 from 51.7 in January. This was the third consecutive month of growth and the most pronounced since December 2021. Robust global demand drove the sharpest increases in output and new orders in over four-and-a-half years, prompting firms to boost both purchasing activity and inventory levels at faster rates. Employment also grew modestly, representing the strongest increase in staff numbers in nearly three-and-a-half years. However, backlogs accumulated at the quickest pace since August 2021. On the price front, input costs rose at the sharpest pace since April 2022, linked to higher prices for raw materials, while output charge inflation accelerated to its highest since mid-2022. Lastly, business confidence strengthened to a 21-month high amid hopes that global demand conditions will continue to improve in the coming months. source: S&P Global

Manufacturing PMI in Taiwan increased to 55.20 points in February from 51.70 points in January of 2026. Manufacturing PMI in Taiwan averaged 50.94 points from 2011 until 2026, reaching an all time high of 62.40 points in April of 2021 and a record low of 41.50 points in October of 2022. 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.

Manufacturing PMI in Taiwan increased to 55.20 points in February from 51.70 points in January of 2026. Manufacturing PMI in Taiwan is expected to be 51.50 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 51.00 points in 2027, according to our econometric models.



Related Last Previous Unit Reference
Bankruptcies 3281.00 2223.00 Companies Dec 2025
Car Production 22147.00 20770.00 Units Jan 2026
Total Car Registrations 23396.00 23394.00 Thousand Dec 2025
Cement Production 868.85 661.84 Thousands of Tonnes Dec 2025
Changes in Inventories -98718.00 -49930.00 TWD Million Dec 2025
Coincident Index 119.18 117.77 points Dec 2025
Corruption Index 68.00 67.00 Points Dec 2025
Corruption Rank 24.00 25.00 Dec 2025
Industrial Production YoY 21.57 15.82 percent Dec 2025
Industrial Production Mom 5.80 4.41 percent Dec 2025
Leading Economic Index 116.90 114.66 points Dec 2025
Manufacturing Production 22.98 16.72 percent Dec 2025
Mining Production 3.00 -5.86 percent Dec 2025
Export Orders YoY 76198.00 72999.00 USD Million Dec 2025


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. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Taiwan Manufacturing Growth Accelerates
The S&P Global Taiwan Manufacturing PMI rose to 55.2 in February 2026 from 51.7 in January. This was the third consecutive month of growth and the most pronounced since December 2021. Robust global demand drove the sharpest increases in output and new orders in over four-and-a-half years, prompting firms to boost both purchasing activity and inventory levels at faster rates. Employment also grew modestly, representing the strongest increase in staff numbers in nearly three-and-a-half years. However, backlogs accumulated at the quickest pace since August 2021. On the price front, input costs rose at the sharpest pace since April 2022, linked to higher prices for raw materials, while output charge inflation accelerated to its highest since mid-2022. Lastly, business confidence strengthened to a 21-month high amid hopes that global demand conditions will continue to improve in the coming months.
2026-03-02
Taiwan Manufacturing PMI Hits Over 1-Year High
The S&P Global Taiwan Manufacturing PMI rose to 51.7 in January 2026 from 50.9 in December, marking a second consecutive monthly improvement in manufacturing activity and the highest level since December 2024. Total new business expanded at its fastest pace in 11 months, supported by stronger customer demand both domestically and overseas. New export orders also rose at the start of 2026 amid robust demand from Europe, Mainland China, the US and Japan. In response to higher backlogs, firms sought to expand operational capacity by raising staffing levels for the second time in the past three months. Inflationary pressures intensified, with both input costs and selling prices rising at the fastest rates since mid-2022. Despite hopes for continued demand, firms expect conditions to weaken over the next 12 months.
2026-02-02
Taiwan Manufacturing Returns to Growth in December
The S&P Global Taiwan Manufacturing PMI rose to 50.9 in December 2025 from 48.8 in November, returning operating conditions to growth for the first time since February. Output and new orders both increased for the first time since March, as firms reported firmer demand conditions and stabilisation in overseas sales, despite still-sluggish global economic conditions. Production volumes rose modestly, while purchasing activity and inventories also expanded, reflecting expectations of stronger sales ahead. Meanwhile, employment edged lower as manufacturers remained cautious on hiring amid rising cost pressures. On the cost side, input prices climbed at the fastest pace in around 17 months amid higher raw material costs and supplier shortages, while selling prices increased only modestly due to limited pricing power. Business confidence improved further, with optimism about output for the year ahead reaching its highest level since March.
2026-01-02