Taiwan Business Indicators in October 2020
Press Release
National Development Council (NDC)
November 27, 2020
In October 2020, the overall monitoring indicator continued to flash the “green” signal, as the total score increased one point to 28. The trend-adjusted leading index increased for seven consecutive months and the coincident index increased for five consecutive months, the government will be closely monitoring the economic situation.
The Monitoring Indicators
- The total score in October 2020 was 28, flashing the “green” signal, which increased 1 point from 27 last month.
Leading Indicators
- The trend-adjusted leading index increased by 1.62% in October 2020 to 106.92, rising for seven consecutive months.
Coincident Indicators
- The trend-adjusted coincident index increased by 1.10% in October 2020 to 103.27, rising for five consecutive months.
Lagging Indicators
- The trend-adjusted lagging index decreased by 0.11% in October 2020 to 97.80, falling for twenty-one consecutive months.
~~ Next publication date: December 28 2020 ~~