Manufacturing PMI slightly declined to 49.8 in June 2022 from 50.0 April, pointing to the weakest reading since June 2020. The figure also marked the first contraction in the sector in 24 months. Output contracted solidly, due to Covid-19 restrictions in China and weaker customer demand. At the same, new orders fell to the steepest pace since the pandemic in June 2020, with external demand declining at the fastest pace in two years. Meantime, the job of creation was the quickest seen in four months. On prices, input cost inflation slowed to over a year-and-a-half, while prices charged inflation was the weakest since December 2020. That said, the degree of negative sentiment was not as severe as that seen in May and only marginally. source: Markit Economics
Manufacturing PMI in Taiwan averaged 51.94 points from 2011 until 2022, 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 July of 2022.
Manufacturing PMI in Taiwan is expected to be 52.00 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 51.00 points in 2023, according to our econometric models.