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Taiwan manufacturing PMI drops to 2-year low in August

09/01/2022 05:37 PM
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Taiwan's manufacturing sector remained in contraction mode in August for the second consecutive month, with the purchasing managers' index (PMI) falling to 47.20 points, due mainly to a global economic slowdown amid weak demand, the Chung-Hua Institution for Economic Research (CIER) said Thursday.


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