2021/05/04 12:15
Taiwan's manufacturing PMI rises to record high of 68.7 points in April.
Taiwan's manufacturing PMI rises to record high of 68.7 points in April.
(CNA photo)
TAIPEI (Taiwan News) — Taiwan's manufacturing continues to flourish and the Purchasing Managers' Index (PMI) soared to a new high in April, the Chung-Hua Institution for Economic Research (CIER) said Monday.
Data released by CIER showed the nation's PMI was up 6.0 points from a month earlier to register at 68.7 in April, the highest score ever recorded by the think tank. This was also the sixth consecutive month the 60 mark had been surpassed.
Meanwhile, the non-manufacturing index (NMI) in the service sector increased 4.9 points from March to 60.1 in April, the strongest since the survey began in August 2014. The report found that almost all non-manufacturing businesses have benefited from economic growth, except restaurants and hotels.