Taiwan Manufacturing Growth Slows

2026-04-01 00:52 By Kyrie Dichosa 1 min. read

The S&P Global Taiwan Manufacturing PMI fell to 53.3 in March 2026 from 55.2 in February, signaling a slower yet still solid improvement in the sector.

Output and new orders rose at softer rates, though both remained above long-term averages, supported by strong domestic and overseas demand, particularly for semiconductors and AI-related products.

New export business also expanded at a solid pace.

Purchasing activity increased for the fourth month, while stocks of purchases rose modestly.

Meanwhile, rising input costs from higher raw material and energy prices amid the war in the Middle East drove the sharpest increase in output charges since June 2022.

Supplier performance deteriorated at the fastest pace since May 2022, while employment fell marginally for the first time in three months.

Despite these pressures, manufacturers remained optimistic, with sentiment near February’s 21-month high, reflecting expectations of continued strong global demand over the next year.



News Stream
Taiwan Manufacturing Growth Slows
The S&P Global Taiwan Manufacturing PMI fell to 53.3 in March 2026 from 55.2 in February, signaling a slower yet still solid improvement in the sector. Output and new orders rose at softer rates, though both remained above long-term averages, supported by strong domestic and overseas demand, particularly for semiconductors and AI-related products. New export business also expanded at a solid pace. Purchasing activity increased for the fourth month, while stocks of purchases rose modestly. Meanwhile, rising input costs from higher raw material and energy prices amid the war in the Middle East drove the sharpest increase in output charges since June 2022. Supplier performance deteriorated at the fastest pace since May 2022, while employment fell marginally for the first time in three months. Despite these pressures, manufacturers remained optimistic, with sentiment near February’s 21-month high, reflecting expectations of continued strong global demand over the next year.
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