Activity in the Taiwanese manufacturing sector increased for the fifth successive month in April, though at a slower rate than in the previous month, data from a survey by Markit Economics and HSBC Bank showed Thursday.
The seasonally adjusted purchasing managers' index (PMI) for the manufacturing sector dropped to 50.7 in April from 51.2 in March. A reading above 50 indicates expansion in the sector, while one below suggests decline.
The deceleration in overall growth reflected a slower increase in new business. Production at Taiwanese factories expanded for the fifth straight month in April, but at a slower rate than in March.
Input prices declined for the first time since last September, due mainly to a sharp fall in metal prices. At the same time, factory gate prices decreased for the thirteenth successive month, and at a modest pace, amid competitive market pressures.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.