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Is Taiwan's economy running cool or warm?
The business cycle signal combines several economic indicators into one composite score and a five-colour light; the PMI and NMI use 50 as the line between expansion and contraction. This topic gathers the latest readings and history of both; open each for the full data table and notes.
41 ptsRed light2026/09
Full history and notes →PMI 62.52026/10
Full history and notes →The composite score maps to five lights: red (overheated), yellow-red, green (stable), yellow-blue and blue (sluggish). This site shows the official score and light only; it makes no forecast.
A PMI above 50 means manufacturing expanded versus the previous month; below 50 means contraction. The NMI is the same kind of measure for non-manufacturing.
They are often discussed together, but the relationship changes over time. This site only shows published figures; no forecasts and no investment advice.
Source: National Development Council (Taiwan Open Government Data, dataset 6099、6100), used under the Open Government Data License v1. Figures for earlier periods are revised each month, so go by the data month shown. For education and personal reference only; not investment advice.