Taiwan Business Indicators in August 2023
Press Release
National Development Council (NDC)
September 27, 2023
In August 2023, the overall monitoring indicator continued to flash the “blue” signal, the total score same as the last month is 15. The trend-adjusted leading index decreased for five consecutive months while the coincident index increased for five consecutive months, the government will be closely monitoring the economic situation.
The Monitoring Indicators
- The total score in August 2023 was 15, flashing the “blue” signal, same as the last month.
Leading Indicators
- The trend-adjusted leading index decreased by 0.30% in August 2023 to 99.06, falling for five consecutive months.
Coincident Indicators
- The trend-adjusted coincident index increased by 0.91% in August 2023 to 97.48, rising for five consecutive months.
Lagging Indicators
- The trend-adjusted lagging index decreased by 0.89% in August 2023 to 98.15, falling for seven consecutive months.
~~ Next publication date: October 27 2023 ~~