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Taiwan's leading economic indicators fell 1.1 percent in December

Taiwan's leading economic indicators fell 1.1 percent in December

Taiwan's composite index of leading economic indicators _ a key prediction of future economic activity _ fell 1.1 percent in December from the previous month, the government said Friday.
The Council for Economic Planning and Development said five of the index's seven components declined.
The value of exports clearing customs, the wholesale price index, land approvals for construction, money supply growth and the stock market all fell last month, the council said.
Only new orders received by the manufacturing sector and working hours in the manufacturing sector showed increases, according to the council.
In November, the index fell 0.1 percent.


Updated : 2021-07-30 19:53 GMT+08:00