Taiwan Business Indicators in July 2024
Press Release
National Development Council (NDC)August 27, 2024
In July 2024, the overall monitoring indicator changed to flash the “yellow-red” signal, the total score decreased 3 points to 35. The trend-adjusted leading index increased for nine consecutive months and the coincident index increased for fifteen consecutive months, the government will be closely monitoring the economic situation.
The Monitoring Indicators
- The total score in July 2024 was 35, flashing the “yellow-red” signal, which decreased 3 points from 38 last month.
Leading Indicators
- The trend-adjusted leading index increased by 1.13% in July 2024 to 105.11, rising for nine consecutive months.
Coincident Indicators
- The trend-adjusted coincident index increased by 1.04% in July 2024 to 105.40, rising for fifteen consecutive months.
Lagging Indicators
- The trend-adjusted lagging index decreased by 0.38% in July 2024 to 97.87, falling for sixteen consecutive months.
~~ Next publication date: September 27 2024 ~~