Taiwan PMI rises to its highest since 2010

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(The Taipei Times)

Although orders and export sales expanded quickly, there was sustained pressure on capacity, as unfinished work continued to increase

The Taiwan manufacturing purchasing managers’ index (PMI) climbed to a decade high of 60.4 last month on the back of improvements at home and abroad, while inventory and container shortages threatened production capability, an IHS Markit survey showed yesterday.

The latest PMI reading, the strongest since April 2010, advanced 60.2 from January, signaling further improvement in operating conditions.

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