Taiwan Manufacturing PMI

The Nikkei Taiwan Manufacturing PMI went up to 49.0 in March 2019 from 46.3 in the prior month. The latest reading marked the sixth straight month of contraction in factory activity and the weakest in the current sequence of declines. Output, new orders and export sales all contracted at slower rates. Also, buying activity dropped at the softer pace in six months, and inventories declined slightly. Meanwhile,the job creation rate rose for the first time in four months, though only marginally. On the price front, input inflation rate increased to the fastest pace since November, driven by cost of raw materials while output prices fell for the fourth consecutive month on efforts to attract client demand. Finally, business sentiment regarding the 12-month outlook for output turned positive for the first time this year. Manufacturing PMI in Taiwan is reported by Markit Economics.

Manufacturing PMI in Taiwan is expected to be 49.10 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Taiwan to stand at 48.20 in 12 months time. In the long-term, the Taiwan Manufacturing PMI is projected to trend around 49.80 in 2020, according to our econometric models.

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Taiwan Business	Last	Previous	Highest	Lowest	Unit
Manufacturing PMI	49.00	46.30	56.90	45.60		[+]
Industrial Production	-1.80	-1.09	75.71	-43.30	percent	[+]
Industrial Production Mom	-0.24	-2.50	9.75	-16.01	percent	[+]
Manufacturing Production	-1.75	-1.08	84.23	-45.43	percent	[+]
New Orders	28902.00	40489.00	48986.00	2278.00	USD Million	[+]
Changes in Inventories	46707.00	25698.00	82252.00	-139605.00	TWD Million	[+]
Bankruptcies	2028.00	3725.00	7810.00	1144.00	Companies	[+]
Car Production	19429.00	12947.00	436732.00	7620.00	Units	[+]
Car Registrations	21905.81	21891.29	22456.11	15439.63	Thousand	[+]
Leading Economic Index	110.30	109.30	113.60	20.80	Index Points	[+]
Internet Speed	16869.04	15640.45	16869.04	2728.96	KBps	[+]
IP Addresses	7115844.00	7090423.00	12042415.00	4219872.00	IP	[+]
Mining Production	9.70	1.46	48.10	-37.70	percent	[+]
Steel Production	1815.00	2010.00	2092.00	243.00	Thousand Tonnes	[+]
Cement Production	935.52	1047.16	2201.45	751.19	Thousands of Tonnes	[+]
Coincident Index	107.33	109.05	114.86	20.48	Index Points	[+]
Competitiveness Index	79.25	79.15	79.25	5.20	Points	[+]
Competitiveness Rank	13.00	13.00	17.00	12.00		[+]
Ease Of Doing Business	13.00	15.00	15.00	10.00		[+]
Corruption Index	63.00	63.00	63.00	49.80	Points	[+]
Corruption Rank	31.00	29.00	39.00	25.00		[+]

The Nikkei Taiwan Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 300 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), EmploySuppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Taiwan Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Taiwan Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	49.00	46.30	56.90	45.60	2011 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	51.00	Mar/19	54	62.5 : 29.47
Brazil	52.80	Mar/19	53.4	53.5 : 41.6
Canada	50.50	Mar/19	52.6	57.1 : 47.5
China	50.80	Mar/19	49.9	52.3 : 47.2
Euro Area	47.80	Apr/19	47.5	60.6 : 33.5
France	49.60	Apr/19	49.7	58.8 : 42.7
Germany	44.50	Apr/19	44.1	63.3 : 32
India	52.60	Mar/19	54.3	55 : 47.9
Indonesia	51.20	Mar/19	50.1	58.5 : 46.4
Italy	47.40	Mar/19	47.7	59 : 47.4
Japan	49.50	Apr/19	49.2	56.2 : 29.6
Mexico	49.80	Mar/19	52.6	57.1 : 49.2
Netherlands	52.50	Mar/19	52.7	63.4 : 48
Russia	52.80	Mar/19	50.1	54.7 : 47.6
Saudi Arabia	56.80	Mar/19	56.6	61.8 : 51.4
Singapore	50.80	Mar/19	50.4	53.1 : 48.3
South Africa	45.00	Mar/19	46.2	60.87 : 35.09
South Korea	48.80	Mar/19	47.2	52.6 : 45.7
Spain	50.90	Mar/19	49.9	56.1 : 41.1
Switzerland	50.30	Mar/19	55.4	66.9 : 32.8
Turkey	47.20	Mar/19	46.4	55.7 : 42.7
United Kingdom	55.10	Mar/19	52.1	61.5 : 34.4
United States	52.40	Apr/19	52.4	57.9 : 50.7