Taiwan Economic Growth (8-December-2016)
November 15, 2016
The recovery of the Taiwanese economy has gained momentum in the second half of the year as strong global demand for electronic products has spilled over into the country’s industrial and external sectors. Our analysts expect the economy to expand 1.1% this year, before accelerating to 1.7% in 2017. The 2017 growth outlook, which is unchanged from last month’s forecast, mainly reflects a further strengthening of external demand and the manufacturing sector.Taiwan Economic News
Taiwan: Manufacturing PMI rises to 27-month high in November
December 1, 2016
Manufacturing activity in Taiwan registered a sixth consecutive month of improving conditions, on the back of stronger production, improving new orders and a solid increase in delivery times.
Taiwan: Economy expands at fastest pace in one and a half years in Q3
November 25, 2016
A more complete set of data showed that GDP increased 2.0% annually in Q3, which was revised slightly down from a flash estimate of 2.1% growth released by the Directorate General of Budget Accounting and Statistics (DGBAS) on 31 October.
Taiwan: Industrial production decelerates in October
November 23, 2016
Industrial production increased 3.7% in October from the same month last year, moderating from the revised 4.6% expansion recorded in September (previously reported: +5.0% year-on-year). Manufacturing production—which contributes 93% to overall industrial output—expanded 5.7% annually in October (September: +6.0% yoy).
Taiwan: Exports rebound but trade surplus narrows in October
November 7, 2016
In October, the trade surplus totaled USD 4.4 billion, according to data from the Ministry of Finance (MOF).
Taiwan: Inflation jumps in October due to bad weather conditions
November 1, 2016
In October, consumer prices jumped 1.45% over the previous month, coming above the 0.46% increase recorded in September.
Taiwan - Inflation (end of period)
Inflation jumps in October due to bad weather conditions
In October, consumer prices jumped 1.45% over the previous month, coming above the 0.46% increase recorded in September. The Directorate-General of Budget, Accounting & Statistics (DGBAS) commented that typhoons and heavy rains prompted prices for fresh food, particularly fruit and vegetables, to increase substantially over the previous month. In addition, the end of the government’s subsidy to summer electricity fares prompted electricity prices to jump in October.
Inflation jumped to 1.7% in October, increasing from the 0.3% recorded in September and marking the highest reading since April. Meanwhile, annual average inflation inched up from 1.0% in September to 1.1% in October.
Core consumer prices, which exclude prices for electricity and fresh food, rose 0.5% over the previous month in October, which was up from the 0.1% increase in September. Core inflation remained stable at September’s 1.0% in October.The government foresees inflation of 1.1% in 2016. Focus Economics Consensus Forecast panelists also expect inflation of 1.2% in 2016, which is unchanged from last month’s forecast. For 2017, the panel sees inflation inching up to 1.2%, which is also unchanged from last month’s forecast.
Taiwan - Inflation (eop) Data
http://www.focus-economics.com/country-indicator/taiwan/inflation-eop