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Financial News: Taiwan Manufacturing Sector Fades In July - Nikkei

Taiwan Manufacturing Sector Fades In July - Nikkei

07/31/2018 - 21:26:00 (RTTNews)

(RTTNews) - The manufacturing sector in Taiwan continued to expand in July, albeit at a slower pace, the latest survey from Nikkei revealed on Wednesday with a PMI score of 53.1.

That's down from 54.5 in June, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, there was a softer rise in output as new business growth slowed.

Input cost inflation remained sharp, while optimism towards the year ahead weakened to a two-year low.

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