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Taiwan’s Manufacturing Sector continues to expand throughout December 2019

Published On 02 Jan 2020 11:11 AM


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 According to Chung-Hua Institution for Economic Research (CIER), Taiwan’s manufacturing sector continued to expand in December 2019, owning to seasonally adjusted Purchasing Managers' Index (PMI) rose 1.3 points from a month earlier to 56.2.

Based on sources, the expansion of the sector is attributed to the booming 5G technology development and increased orders ahead of the Lunar New Year, which further fostered high-....


Tags : Chung-Hua Institution for Economic Research (CIER), Taiwan’s manufacturing sector, Purchasing Managers' Index (PMI),
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