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Taiwan Shows Stable Growth

Taiwan Shows Stable GrowthTaiwan Shows Stable Growth

Taiwan’s economy continued to show signs of steady growth in October, with monitoring indicators flashing a green light for the fourth consecutive month, according to a report released Monday by the National Development Council, FocusTaiwan reported. The trend-adjusted leading index and the trend-adjusted coincident index both showed increases for the eighth consecutive  month, signaling that the economy continued to improve during the month, according to the NDC. In addition, the trend-adjusted leading index was 100.82 in October, up 0.21% from the previous month, while the trend-adjusted coincident index increased by 1.09% to 104.05.

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