Taiwan Business Indicators in July 2023
Press Release
National Development Council (NDC)
August 28, 2023
In July 2023, the overall monitoring indicator continued to flash the “blue” signal, the total score increased 2 points to 15. The trend-adjusted leading index decreased for four consecutive months and the coincident index increased for four consecutive months, the government will be closely monitoring the economic situation.
The Monitoring Indicators
- The total score in July 2023 was 15, flashing the “blue” signal, which increased 2 points from 13 last month.
Leading Indicators
- The trend-adjusted leading index decreased by 0.27% in July 2023 to 99.09, falling for four consecutive months.
Coincident Indicators
- The trend-adjusted coincident index increased by 1.00% in July 2023 to 96.42, rising for four consecutive months.
Lagging Indicators
- The trend-adjusted lagging index decreased by 1.36% in July 2023 to 98.04, falling for six consecutive months.
~~ Next publication date: September 27 2023 ~~