Global Economic News

Taiwan Manufacturing PMI Weakens Further In August - Nikkei

The manufacturing sector in Taiwan continued to contract in August, and at a faster rate, the latest survey from Nikkei showed on Tuesday, with a PMI score of 46.1.

That's down from 47.1 in July, and it remains well beneath the boom-or-bust line of 50 that separates expansion from contraction.

Among the individual components, output and new business fell at the sharpest rate in 35 months, while employment increased at its slowest rate since May.

Output charges declined at the quickest rate in more than six years.

by RTTNews Staff Writer

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