The IHS Markit Taiwan Manufacturing PMI went up to 55.5 in December 2021 from 54.9 a month earlier. This was the highest reading since August, buoyed by a renewed and strong upturn in output amid signs that the worst of supply chain delays were over. Also, a sharper rise in sales from both domestic and international clients were registered; while buying activity rose sharply, though the rate of increase was not quite as steep as that seen in November. On inflation, strong pressures persisted, with average input costs and output charges both increasing rapidly, attributed to material shortages and shipping delays. Companies also looked to stockpile inputs due to expectations of further price hikes and shipment delays; stocks of inputs rose at a record pace in December. Looking ahead, sentiment improved to a 4-month high, with firms anticipating further improvements in customer demand, new product releases, and investment to support growth in 2022. source: Markit Economics

Manufacturing PMI in Taiwan averaged 51.91 points from 2011 until 2021, reaching an all time high of 62.40 points in April of 2021 and a record low of 41.90 points in May of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Manufacturing PMI in Taiwan is expected to be 53.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Manufacturing PMI is projected to trend around 51.00 points in 2023, according to our econometric models.

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Taiwan Manufacturing PMI


Related Last Previous Unit Reference
Manufacturing PMI 55.50 54.90 points Dec/21

News Stream
Taiwan Manufacturing Growth at 4-Month High
The IHS Markit Taiwan Manufacturing PMI went up to 55.5 in December 2021 from 54.9 a month earlier. This was the highest reading since August, buoyed by a renewed and strong upturn in output amid signs that the worst of supply chain delays were over. Also, a sharper rise in sales from both domestic and international clients were registered; while buying activity rose sharply, though the rate of increase was not quite as steep as that seen in November. On inflation, strong pressures persisted, with average input costs and output charges both increasing rapidly, attributed to material shortages and shipping delays. Companies also looked to stockpile inputs due to expectations of further price hikes and shipment delays; stocks of inputs rose at a record pace in December. Looking ahead, sentiment improved to a 4-month high, with firms anticipating further improvements in customer demand, new product releases, and investment to support growth in 2022.
2022-01-03
Taiwan Manufacturing Growth Eases
The IHS Markit Taiwan Manufacturing PMI decreased to 54.9 in November 2021 from 55.2 a month earlier. This marked the second-lowest reading since August 2020, amid strained supply chains. Output declined for the first time in 17 months, while new order growth softened, with export orders grew, albeit at the weakest pace for 14 months. At the same time, both employment and buying activity increased, with the rate of job creation was solid overall and the quickest for three months. On the price front, input costs inflation accelerated to the highest since June, due to faster rises in raw material prices. As a result, output cost inflation accelerated to the fastest in five months, as firms increasingly sought to pass higher costs on to clients. Finally, sentiment improved to a three-month high, amid hopes that a further recovery from the pandemic, new product releases and improved supplier performance.
2021-12-01
Taiwan Factory Growth Picks Up
The IHS Markit Taiwan Manufacturing PMI increased to 55.2 in October 2021 from a 13-month low of 54.7 in September, signaling a sharp improvement in overall business conditions, lifted by a stronger upturn in new orders, a continued rise in both export work and employment, and a pickup in outstanding business. Also, firms recorded a sharper rise in purchasing activity, with some of them mentioning efforts to stock-pile inputs due to ongoing supply chain disruption. Meantime, output growth remained mild, due to supply shortages and delays. On the price front, input costs inflation accelerated for the first time in six months, while output cost inflation accelerated to the fastest rate since July, as firms increasingly sought to pass higher costs on to clients. Finally, business sentiment recovered from September's 15-month low, as firms widely anticipate demand conditions to continue to strengthen despite concerns over how long supply bottlenecks and rising costs will persist.
2021-11-01

Taiwan Manufacturing PMI
The IHS Markit 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.