Taiwan's manufacturing sector contracted modestly in June, data released by Markit Economics and HSBC Bank showed Monday.
The seasonally adjusted purchasing managers' index (PMI) for the manufacturing sector dropped to 49.2 in June from 50.5 in May. A PMI reading below 50 indicates contraction in the sector, while one above suggests growth.
Production at Taiwanese factories decreased moderately in June, reflecting a notable slump in new orders. Workforce levels in the sector remained unchanged during the month, after decreasing in the previous month.
Input costs in the manufacturing sector declined at the fastest rate since March 2009, leading to a fall in prices charged. Competition between manufacturers also contributed to falling charges, data showed.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.