Taiwan manufacturing activity expands to 52.9 in July – PMI

Taiwan’s manufacturing sector expanded in July, with the S&P Global Taiwan Manufacturing Purchasing Managers’ Index (PMI) at 52.9.

Although slightly lower than June’s 53.2, it still indicates growth as it remains above the key 50-point threshold that separates expansion from contraction.

The sustained expansion was driven by increases in both production and new orders. Manufacturers reported stronger sales both domestically and internationally, with Asia, Europe, and North America contributing to export growth.

Attribution: S&P Global Taiwan Manufacturing PMI