Taiwan's Economy Warms in September: NDC
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2 Articles
Taiwan's economy warms in September: NDC
Taipei, Oct. 28 (CNA) Taiwan's economic monitoring indicator flashed a yellow-red light in September, signaling a warming economy after four consecutive months of green, which indicates stable growth, the National Development Council (NDC) said Tuesday.
The Four-Year Streak of Green-Lights Ends, and the September Economic Indicator Turns Yellow and Red
The National Development Council released its latest economic outlook on the 28th, with the overall assessment score increasing by 4 points month-over-month to 35. The indicator has flipped from green last month, marking a shift from the yellow-red signal, which signals a shift in economic activity, to yellow-red after four months. NDC officials stated that they expect the outlook to remain at least green in the fourth quarter. However, given th…
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