2024-06-27
Taiwan Business Indicators in May 2024
Press Release
National Development Council (NDC)June 27, 2024
In May 2024, the overall monitoring indicator continued to flash the “yellow-red” signal, the total score same as the last month is 35. The trend-adjusted leading index increased for eight consecutive months and the coincident index increased for fourteen consecutive months, the government will be closely monitoring the economic situation.
．The Monitoring Indicators
The total score in May 2024 was 35, flashing the “yellow-red” signal, same as the last month.
．Leading Indicators
The trend-adjusted leading index increased by 0.87% in May 2024 to 103.40, rising for eight consecutive months.
．Coincident Indicators
The trend-adjusted coincident index increased by 1.16% in May 2024 to 104.10, rising for fourteen consecutive months.
．Lagging Indicators
The trend-adjusted lagging index decreased by 0.14% in May 2024 to 98.21, falling for fourteen consecutive months.
~~ Next publication date: July 26 2024 ~~
Source： National Development Council
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