Taiwan Business Indicators in July 2020
Press Release
National Development Council (NDC)
August 27, 2020
In July 2020, the overall monitoring indicator continued to flash the “yellow-blue” signal, as the total score increased two points to 21. The trend-adjusted leading index increased for four consecutive months and the coincident index decreased for eight consecutive months, the government will be closely monitoring the economic situation.
The Monitoring Indicators
- The total score in July 2020 was 21, flashing the “yellow-blue” signal, which increased 2 points from 19 last month.
Leading Indicators
- The trend-adjusted leading index increased by 1.23% in July 2020 to 102.39, rising for four consecutive months.
Coincident Indicators
- The trend-adjusted coincident index decreased by 0.10% in July 2020 to 98.79, falling for eight consecutive months.
Lagging Indicators
- The trend-adjusted lagging index decreased by 0.21% in July 2020 to 97.39, falling for eighteen consecutive months.
~~ Next publication date: September 28 2020 ~~