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2024-08-27
Taiwan Business Indicators in July 2024
Press Release
National Development Council (NDC)August 27, 2024
In July 2024, the overall monitoring indicator changed to flash the “yellow-red” signal, the total score decreased 3 points to 35. The trend-adjusted leading index increased for nine consecutive months and the coincident index increased for fifteen consecutive months, the government will be closely monitoring the economic situation.
.The Monitoring Indicators
The total score in July 2024 was 35, flashing the “yellow-red” signal, which decreased 3 points from 38 last month.
.Leading Indicators
The trend-adjusted leading index increased by 1.13% in July 2024 to 105.11, rising for nine consecutive months.
.Coincident Indicators
The trend-adjusted coincident index increased by 1.04% in July 2024 to 105.40, rising for fifteen consecutive months.
.Lagging Indicators
The trend-adjusted lagging index decreased by 0.38% in July 2024 to 97.87, falling for sixteen consecutive months.
~~ Next publication date: September 27 2024 ~~
Source: National Development Council
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