Taiwan Business Indicators in May 2024
Press Release
National Development Council (NDC)June 27, 2024
In May 2024, the overall monitoring indicator continued to flash the “yellow-red” signal, the total score same as the last month is 35. The trend-adjusted leading index increased for eight consecutive months and the coincident index increased for fourteen consecutive months, the government will be closely monitoring the economic situation.
The Monitoring Indicators
- The total score in May 2024 was 35, flashing the “yellow-red” signal, same as the last month.
Leading Indicators
- The trend-adjusted leading index increased by 0.87% in May 2024 to 103.40, rising for eight consecutive months.
Coincident Indicators
- The trend-adjusted coincident index increased by 1.16% in May 2024 to 104.10, rising for fourteen consecutive months.
Lagging Indicators
- The trend-adjusted lagging index decreased by 0.14% in May 2024 to 98.21, falling for fourteen consecutive months.
~~ Next publication date: July 26 2024 ~~