Taiwan Ranks 5th on BERI Investment List
Taiwan Business Indicators in
August 2010
Press Release
Council for Economic Planning and
Development
September 27, 2010
In August 2010, Taiwan Business Indicators indicated that the economy continued
its steady growth. Among the indicators compiled by the Cabinet’s Council for
Economic Planning and Development (CEPD), the annualized six-month rate of
change of leading index decreased 2.6 points, the trend-adjusted coincident
index rose by 0.2% from the previous month, and the overall monitoring indicator
flashed the "red" signal.
1. Leading Indicators: With revised data, the composite leading index stood at
117.7, down by 0.3% from July. Its annualized six-month rate of change declined
by 2.6 points to 4.1%, decreasing for the ninth consecutive month. All seven
indicators making up the trend-adjusted index had negative cyclical movements
from previous month, which is index of producer's inventory for manufacturing,
index of export orders, SEMI book-to-bill ratio, average monthly overtime in
industry and services, building permits, real monetary aggregates M1B, and stock
price index.
2. Coincident Indicators: With revised data, the coincident index stood at
124.2, up by 0.8% from July. Its trend-adjusted index rose by 0.2% to 108.5,
increasing for the eighteenth consecutive month. Among the seven indicators
making up the trend-adjusted index, the nonagricultural employment, sales index
of wholesale, retail, and food services, real customs-cleared exports, and real
imports of machineries and electrical equipments, had positive cyclical
movements from previous month. The industrial production index, index of
producer’s shipment for manufacturing, and electric power consumption had
negative cyclical movements from previous month.
3. Lagging Indicators: With revised data, the lagging index stood at 122.1, up
by 2.6% from July. Its trend-adjusted index rose by 2.0% to 106.7, increasing
for the eleventh consecutive month. All the six indicators making up the
trend-adjusted index had positive cyclical movements from previous month.
4. The Monitoring Indicators: The total score recorded 38 in August, the same
level of previous month. The overall light signal flashed the "red" signal for
the second consecutive month. The light signals for all the nine components
remained unchanged.
~~ The next release is scheduled for October 27, 2010 ~~
