Taiwan Business Indicators in May 2023
Press Release
National Development Council (NDC)
June 29, 2023
In May 2023, the overall monitoring indicator continued to flash the “blue” signal, the total score increased 1 point to 12. The trend-adjusted leading index decreased for two consecutive months and the coincident index decreased for sixteen consecutive months, the government will be closely monitoring the economic situation.
The Monitoring Indicators
- The total score in May 2023 was 12, flashing the “blue” signal, which increased 1 point from 11 last month.
Leading Indicators
- The trend-adjusted leading index decreased by 0.28% in May 2023 to 99.46, falling for two consecutive months.
Coincident Indicators
- The trend-adjusted coincident index decreased by 0.21% in May 2023 to 92.47, falling for sixteen consecutive months.
Lagging Indicators
- The trend-adjusted lagging index decreased by 0.13% in May 2023 to 101.64, falling for three consecutive months.
~~ Next publication date: July 27 2023 ~~