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Taiwan's leading economic indicators fall 0.1 percent in November

Taiwan's leading economic indicators fall 0.1 percent in November

Taiwan's composite index of leading economic indicators _ a key prediction of future economic activity _ fell 0.1 percent in November from the previous month, the government said Wednesday.
The Council for Economic Planning and Development said the November fall in the index was the result of declines in two of its seven components _ the wholesale price index and the value of exports clearing customs.
However, new orders received by the manufacturing sector, land approval for construction, working hours in the manufacturing sector, the stock market and money supply growth improved, the council said.
The indicators dropped 1.0 percent in October.


Updated : 2021-05-14 19:49 GMT+08:00