December 02, 2024 01:42 GMT
TAIWAN: PMIs Strong Despite Tariff Threats from US.
TAIWAN
- Taiwan’s S&P Global PMI Manufacturing release today rose to 51.5 for November, from 50.2 in October.
- This represents the eighth consecutive month of expansion.
- Output rose to 51.9 from 50.2.
- New orders rise from prior month.
- Taiwan’s manufacturing is heavily reliant on the semiconductor sector, an area expected to be targeted by the incoming Trump administration and their threat to tariffs.
60 words