Data published by HSBC today shows that Taiwan manufacturing PMI is 51.5, high over last month, setting a new record in the past 10 months.
Index more than 50 means that manufacturing activities are expanding. On the contrary, a low index equals to shrinking of manufacturing activities.
HSBC expressed in an interview that manufactured output in Taiwan keeps expanding during the past 2 months with an accelerating and remarkable growth rate. Export orders keeps growing for two months but not by much. Many manufacturers express that demand in mainland , Europe and America increase.
Written by Nicolas Yang