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Monday, 1 June 2020

Taiwan Manufacturing PMI Falls To 41.9 In May - IHS Markit

The manufacturing sector in Taiwan continued to contract in May, and at a faster rate, the latest survey from IHS Markit revealed on Monday with a manufacturing PMI score of 41.9.

That's down from 42.2 in April, and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.

Individually, production fell at a substantial pace, while there was a sharp decline in total sales amid the quickest drop in exports since 2009.

There were marked decreases in both input costs and output prices.


The material has been provided by InstaForex Company - www.instaforex.com

source http://www.mt5.com/forex_news/quickview/2157979/

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