Taiwan economy stays stable in September with leading indicators up


Source: focustaiwan.tw focustaiwan.tw

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local economy remained stable with an index that gauges economic conditions flashing a "green light" for the second consecutive month in September, the National Development Council (NDC) said Tuesday. Another positive sign for the local economy was that the leading indicator, which evaluates the economic climate over the next three to six months, rose in September, marking the sixth straight month of growth, the NDC said. Data compiled by the NDC showed the composite index of monitoring indicators, which reflects the existing economic situation, rose from 26 points in August to 27 in September, indicating the local economy is stable....