Taiwan's Economic Research Institute Maintains Green Light for Manufacturing Sector in May

Reported 12 months ago

Taiwan's Economic Research Institute has announced that the manufacturing sector's economic indicator for May remains at 13.33 points, showing a slight decrease from the previous month but still in the green light category, indicating stable economic conditions. Despite global uncertainties and challenges in various industries, Taiwan's manufacturing sector continues to show positive growth trends driven by factors like AI demand and low baseline effects. However, concerns about future increases in international oil and shipping prices may affect cost pressures and business sentiment in the coming months.

Source: YAHOO

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