Home / Business Quick Take
Sat, Jul 27, 2002 - Page 11 News List

CEPD signals modest recovery

STAFF WRITER, WITH AGENCIES

Taiwan's composite index of economic indicators advanced slightly in June, signaling a modest economic recovery for the nation, the Council for Economic Planning and Development (CEPD) said yesterday. The June indicator index went up one point to 26 points from May.

The indicator, which reflects current economic conditions, fell to the "green light" level on the CEPD's five-color scale, suggesting steady economic growth, it said.

The June index of leading indicators, which gauges economic activity for the next three to six months, rose for the ninth consecutive month, up 0.1 percent from May at 104 points, the CEPD said.

This story has been viewed 2709 times.
TOP top