Taiwan Shows Stable Growth
Taiwan Shows Stable Growth

Taiwan Shows Stable Growth

Taiwan 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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