{"id":1442,"date":"2019-03-15T00:35:44","date_gmt":"2019-03-14T17:35:44","guid":{"rendered":"https:\/\/capitalcambodia.com\/?p=1442"},"modified":"2019-03-20T09:55:04","modified_gmt":"2019-03-20T02:55:04","slug":"manufacturing-activity-continues-to-contract-in-taiwan","status":"publish","type":"post","link":"https:\/\/capitalcambodia.com\/manufacturing-activity-continues-to-contract-in-taiwan\/","title":{"rendered":"Manufacturing activity continues to contract in Taiwan"},"content":{"rendered":"<p>Manufacturing activity continued to contract in Taiwan in February, as indicated by a Taipei-based think tank\u2019s latest Purchasing Managers\u2019 Index (PMI), a key measurement of business vitality.<\/p>\n<p>The PMI for February stood at 48.3, according to the Chung-Hua Institution for Economic Research (CIER).<\/p>\n<p>A PMI reading above 50 suggests expansion, and below 50 indicates contraction.<\/p>\n<p>The index for the non-manufacturing service sector in February also fell by 1.2 percentage points from the previous month to 47.8, marking a decline for two consecutive months, according to the CIER data.<\/p>\n<p>Among the sub-indexes for manufacturing PMI, only employment and inventories were above 50, while production, new orders, and suppliers\u2019 deliveries remained in the contraction range.<\/p>\n<p>As for the service sector, only the sub-index for employment moved higher, up 4.7 percentage points from a month earlier to 55.0. The sub-indexes on business activity\/production, new orders, and suppliers\u2019 deliveries all moved lower and remained in contraction, according to CIER.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Manufacturing activity continued to contract in Taiwan in February, as indicated by a Taipei-based think tank\u2019s latest Purchasing Managers\u2019 Index (PMI), a key measurement of business vitality.<\/p>\n","protected":false},"author":3,"featured_media":1448,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[3],"tags":[220,221,218,219],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Manufacturing activity continues to contract in Taiwan - 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