Taiwan Business Indicators in August 2024
Press Release
National Development Council (NDC)September 27, 2024
In August 2024, the overall monitoring indicator changed to flash the “red” signal, the total score increased 4 points to 39. The trend-adjusted leading index increased for ten consecutive months and the coincident index increased for sixteenth consecutive months, the government will be closely monitoring the economic situation.
The Monitoring Indicators
- The total score in August 2024 was 39, flashing the “red” signal, which increased 4 points from 35 last month.
Leading Indicators
- The trend-adjusted leading index increased by 0.43% in August 2024 to 104.09, rising for ten consecutive months.
Coincident Indicators
- The trend-adjusted coincident index increased by 1.23% in August 2024 to 106.47, rising for sixteenth consecutive months.
Lagging Indicators
- The trend-adjusted lagging index decreased by 0.09% in August 2024 to 98.85, falling for three consecutive months.
~~ Next publication date: October 28 2024 ~~