RTTNews - Wednesday, the Council for Economic Planning and Development said the Taiwanese composite leading index stood at 92.2 in April. The index moved up 2.6% month-on-month in April, after rising 2.8% in March and 1.9% in February.
Its annualized six-month rate of change rose 6.6 points to minus 5.3%. The increase was attributed by the positive cyclical movements in the index of export orders, real monetary aggregates and stock price index.
Further, the survey showed that the coincident index stood at 87.5, up 3.7% from March. The trend adjusted indicator was up 3.6% to 85.6.
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