Taiwan's IP likely bottoming out

In Taiwan, there is an improvement seen in the export order's growth in the month of September and the country's IP growth might likely begin to bottom out, as suggested by this.

The external demand will likely improve, although modestly, looking ahead.

"We expect Taiwan's industrial production (IP) growth to have fallen slightly to -5.6% yoy in October from -5.3% yoy in the previous month, due to a strong negative base effect as well as fewer working days", says Societe Generale in a research note.