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. source: Markit Economics

Manufacturing PMI in Taiwan averaged 51.86 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 November of 2021.

Manufacturing PMI in Taiwan is expected to be 55.00 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 52.00 points in 2022 and 51.00 points in 2023, according to our econometric models.

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Taiwan Manufacturing PMI


Related Last Previous Unit Reference
Manufacturing PMI 55.20 54.70 points Oct/21

News Stream
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 Falls to 13-Mnonth Low
The IHS Markit Taiwan Manufacturing PMI declined to 54.7 in September 2021 from 58.5 in August, pointing to the lowest reading since August 2020, as both output and new orders grew at the slowest pace since July 2020, amid disruptions of parts supplies due to the pandemic. Meanwhile, the rate of job creation eased to the second-lowest seen in the year-to-date. On the price front, input costs inflation slowed to a 10-month low. Meanwhile, output cost inflation accelerated, as firms increasingly sought to pass higher costs on to clients. Finally, business sentiment weakened to the lowest since June 2020, amid concerns around the outlook largely stemmed from COVID-19 related uncertainty, subdued demand conditions and input shortages.
2021-10-01
Taiwan Manufacturing Growth Eases in August
The IHS Markit Taiwan Manufacturing PMI decreased to 58.5 in August 2021 from 59.7 in July, pointing to the second lowest reading since last November. Output growth slowed to the second-weakest seen over the past year, while new orders rose at a softer pace. At the same time, new export orders growth eased to a 10-month low, amid reports of pandemic related disruption across a number of key markets. Meanwhile, the rate of job creation was the joint-fastest since December 2017, with backlogs of work continued to rise at one of the fastest rates on record, as an insufficient supply of materials limited firms' ability to process and complete orders. On the price front, input costs inflation eased to a nine-month low. As a result, output inflation slowed to the least since February. Finally, business sentiment weakened slightly.
2021-09-01

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.