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PMI in ‘harmless’ retreat, CIER says COMEBACK: Nearly all manufacturing sectors reported an upswing in business last month, as companies rebuild inventory in anticipation of a global economic recovery By Crystal Hsu / Staff reporter The official manufacturing purchasing managers’ index (PMI) last month fell to 63.2, slowing from an unprecedented high a month earlier, as the Lunar New Year holiday cut the number of working days, while firms displayed the strongest business sentiment on record, the Chunghua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. All manufacturing sectors except textile and food suppliers reported business upswings last month from a year earlier, although the Lunar New Year holiday eliminated one week, which explains why the economic barometer stayed in the expansion zone, but shed 1.9 points, the Taipei-based think tank said.

T ai peiChung huaYilan xianTaidong xianChen shin huiChenwen chanChang chuangChung hua institution for economic researchTaipei timesCrystal hsuLunar new yearChung hua institutionEconomic researchLinhai sewage treatmentWater reclamation plantThe taipei times