The Nikkei Taiwan Manufacturing PMI rose to 48.4 in May 2019 from 48.2 in the prior month. Output continued to decline and both new orders and export sales contracted further amid reports of weak demand at home and overseas. At the same time, employment shrank for the second straight month. Firms cut back on their buying activity, while cautious inventory policies contributed to faster falls in stocks of both purchased and finished goods. Regarding inflation, average input costs fell for the second successive month, mainly due to lower prices for raw materials and output charges fell solidly as part of efforts to stimulate demand. Lastly, sentiment slipped in to negative territory, as many firms forecast that a slowing global economy and the ongoing China-US trade dispute will weigh on output levels over the next year. Manufacturing PMI in Taiwan is reported by Markit Economics.

Manufacturing PMI in Taiwan is expected to be 49.10 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Taiwan to stand at 48.20 in 12 months time. In the long-term, the Taiwan Manufacturing PMI is projected to trend around 49.80 in 2020, according to our econometric models.

Taiwan Manufacturing PMI
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Taiwan Business Last Previous Highest Lowest Unit
Manufacturing PMI 48.40 48.20 56.90 45.60 [+]
Industrial Production 1.04 -9.38 75.71 -43.30 percent [+]
Industrial Production Mom 5.49 -4.35 9.75 -16.01 percent [+]
Manufacturing Production 0.94 -10.01 84.23 -45.43 percent [+]
New Orders 37665.00 38585.00 48986.00 2278.00 USD Million [+]
Changes in Inventories 3514.00 32619.00 82252.00 -139605.00 TWD Million [+]
Bankruptcies 2717.00 2941.00 7810.00 1144.00 Companies [+]
Car Production 20851.00 19429.00 436732.00 7620.00 Units [+]
Car Registrations 21920.88 21905.81 22456.11 15439.63 Thousand [+]
Leading Economic Index 112.50 111.30 113.60 20.80 Index Points [+]
Internet Speed 16869.04 15640.45 16869.04 2728.96 KBps [+]
IP Addresses 7115844.00 7090423.00 12042415.00 4219872.00 IP [+]
Mining Production -1.46 -1.38 48.10 -37.70 percent [+]
Steel Production 1930.00 2030.00 2092.00 243.00 Thousand Tonnes [+]
Cement Production 1105.41 833.82 2201.45 751.19 Thousands of Tonnes [+]
Coincident Index 106.64 106.34 114.86 20.48 Index Points [+]
Competitiveness Index 79.25 79.15 79.25 5.20 Points [+]
Competitiveness Rank 13.00 13.00 17.00 12.00 [+]
Ease Of Doing Business 13.00 15.00 15.00 10.00 [+]
Corruption Index 63.00 63.00 63.00 49.80 Points [+]
Corruption Rank 31.00 29.00 39.00 25.00 [+]


Taiwan Manufacturing PMI

The Nikkei Taiwan Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 300 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), EmploySuppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Taiwan Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Taiwan Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
48.40 48.20 56.90 45.60 2011 - 2019 Monthly
SA




Country Last Previous
Australia 52.70 May/19
Brazil 50.20 May/19
Canada 49.10 May/19
China 50.20 May/19
Euro Area 47.70 May/19
France 50.60 May/19
Germany 44.30 May/19
India 52.70 May/19
Indonesia 51.60 May/19
Italy 49.70 May/19
Japan 49.80 May/19
Mexico 50.00 May/19
Netherlands 52.20 May/19
Russia 49.80 May/19
Saudi Arabia 57.30 May/19
Singapore 49.90 May/19
South Africa 45.40 May/19
South Korea 48.40 May/19
Spain 50.10 May/19
Switzerland 48.60 May/19
Turkey 45.30 May/19
United Kingdom 49.40 May/19
United States 50.50 May/19


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