Taiwan Manufacturing Sector Continues To Contract – IHS Markit

The manufacturing sector in Taiwan continued to contract in June, albeit at a slower pace, the latest survey from IHS Markit revealed on Wednesday with a manufacturing PMI score of 46.2. That’s up from 41.9 in May, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. Individually, there was a softer but still pronounced decline in output and new orders. Output prices fell further, although import costs increased. Firms expressed renewed optimism towards the one-year business outlook. 2020-07-01 04:55:00 UTC+00 2 hours, 6 634 2020-07-01 05:50:00 UTC+00 1 hour, 11 617 51 686 2020-07-01 05:05:00…