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Financial News: Taiwan Manufacturing Unchanged In November - IHH

Taiwan Manufacturing Unchanged In November - IHH

12/01/2019 - 20:25:00 (RTTNews)

(RTTNews) - The manufacturing sector in Taiwan continued to contract in November, and at the same pace, the latest survey from IHH revealed on Monday with a manufacturing PMI score of 49.8.

That's unchanged from the October reading, and it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.

Individually, output and new orders both fell slightly, while export sales continued to decline at a solid pace.

Output prices were cut again despite higher input costs. Workforce numbers were unchanged in November, following a four-month sequence of expansion.

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