Taiwan Business Indicators in October 2023
Press Release
National Development Council (NDC)
November 27, 2023
In October 2023, the overall monitoring indicator turned to flash the “blue” signal, the total score decreased 1 point to 16. The trend-adjusted leading index decreased for seven consecutive months while the coincident index increased for seven consecutive months, the government will be closely monitoring the economic situation.
The Monitoring Indicators
- The total score in October 2023 was 16, flashing the “blue” signal, which decreased 1 point to 16.
Leading Indicators
- The trend-adjusted leading index decreased by 0.71% in October 2023 to 97.64, falling for seven consecutive months.
Coincident Indicators
- The trend-adjusted coincident index increased by 1.28% in October 2023 to 100.76, rising for seven consecutive months.
Lagging Indicators
- The trend-adjusted lagging index decreased by 1.20% in October 2023 to 96.92, falling for eight consecutive months.
~~ Next publication date: December 27 2023 ~~