Taiwan Business Indicators in August 2020
Press Release
National Development Council (NDC)
September 28, 2020
In August 2020, the overall monitoring indicator changed to the “green” signal from the “yellow-blue” signal last month, as the total score increased five points to 26. The trend-adjusted leading index increased for five consecutive months and the coincident index increased for three consecutive months, the government will be closely monitoring the economic situation.
The Monitoring Indicators
- The total score in August 2020 was 26, flashing the “green” signal, which increased 5 points from 21 last month.
Leading Indicators
- The trend-adjusted leading index increased by 1.72% in August 2020 to 104.67, rising for five consecutive months.
Coincident Indicators
- The trend-adjusted coincident index increased by 0.71% in August 2020 to 100.77, rising for three consecutive months.
Lagging Indicators
- The trend-adjusted lagging index decreased by 0.30% in August 2020 to 97.18, falling for nineteen consecutive months.
~~ Next publication date: October 27 2020 ~~