Taiwan’s Manufacturing PMI Plunges to 47.1 in October, Marking Eight Straight Months of Contraction
Taiwan’s manufacturing PMI continues to decline for eight months straight, hitting a low of 47.1 in October. The manufacturing industry has experienced a weakening in exports since September, particularly in the electronic industry where orders for laptops and mobile phones have been scarce. The petrochemical industry, which initially showed improvement in September, also saw a […]