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.