Taiwan monitoring indicators index to remain in the ‘green’ zone
Taiwan is scheduled to release the monitoring indicators index for February on 27 March. Standard Chartered says... We expect the index to have remained in the 'green' zone, signifying a steady growth outlook for a secon…
Taiwan is scheduled to release the monitoring indicators index for February on 27 March.
Standard Chartered says...
We expect the index to have remained in the 'green' zone, signifying a steady growth outlook for a second consecutive month after an unexpected decline to the 'yellow-blue' zone (indicating slowing growth) in December.
We expect gains in Taiwan's benchmark equity index and the North American semiconductor book-to-bill ratio, as well as wholesale and retail trade, to have offset softer industrial production and machinery imports in February.
We believe the latest trends in the monitoring indicators index and other key macro data indicate that Taiwan's recovery willcontinue in 2015 as improving tech demand spreads to the wider economy.
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