The manufacturing sector in Taiwan continued to expand in November, and at a faster pace, the latest survey from Markit Economics revealed on Tuesday with a manufacturing PMI score of 56.9.
That’s up from 55.1 in October and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, production rose sharply amid the steepest increase in sales in nearly a decade.
Supply shortages placed further upward pressure on purchasing costs, while business confidence improved to its highest since January.
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