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Global economic conditions turn stable paving the way for recovery
TIER composite indicators offer mixed signals for the near future |
Despite of a slowing second quarter, the US economy is getting back on track and showing signs of steady. The fear of deflation that has been haunting the European economy has seemed subsided recently. In addition, China and Southeast Asia have both shown certain degree of recuperation. Therefore, the global conditions have started to turn stable paving the way for recovery. However, the composite indicators issued by the Taiwan Institute of Economic Research offer mixed signals for the near future with a declining manufacturing indicator, a mounting services indicator, and a turning construction indicator.
Taiwan's exports in September 2016 decreased by 1.82% compared with the same month last year, the first drop after two months of consecutive increase. Regarding imports, Taiwan's imports in September increased by 0.73% compared with imports in September 2015. From January 1 to September 30 this year, Taiwan's exports and imports gave a trade surplus of US$ 35.96 billion or a decrease by 0.38% on a y-o-y basis.
Taiwan's consumer price index (CPI) went up by 0.33% in September 2016 compared with the same month of previous year. The current inflation rate has turned somewhat lower compared with previous months. The core inflation rate h stood at only 0.95% in September, 2016. ...Read more |
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| Unemployment falls slightly in September |
| Taiwan's rate of unemployment fell 0.09 percentage points from August to 3.99 percent in September, although it was up 0.10 percent year-on-year, according to government figures released on Monday. After seasonal adjustments, unemployment stood at 3.93 percent in September, down 0.02 percentage points from August, the Directorate General of Budget, Accounting and Statistics (DGBAS) said. There were 469,000 people out of work in September, down 11,000 compared with August, according to DGBAS figures. (Source: The China Post) |
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Taiwan Economic Research Monthly
The development of Taiwan's industrial investment in South East Asia and its future |
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Evaluation of South East Asian investment environment in response to the New South Bound Policy: Vietnam and Indonesia
 Taiwan actively promotes the “New South Bound Policy” to strengthen the economic and trade relationships with ASEAN countries in terms of investment, trade and industrial cooperation. This article summarizes the SWOT of investment in Vietnam and Indonesia for the government and Taiwan’s business strategic planning
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