China News Service, Taipei, June 1st. Taiwan's Chinese Economic Research Institute announced on the 1st that Taiwan's seasonally adjusted manufacturing Purchasing Managers Index (PMI) fell by 2.8 percentage points to 53.5% in May, the highest since July 2020. slow expansion rate.

  According to reports from Taiwan media such as the Central News Agency and the United News Network, a survey by the Chinese Academy of Economics pointed out that among the five indicators composed of PMI, the new orders and production indexes showed a contraction, and they were both the fastest contraction rates since July 2020.

The manufacturing outlook for the next six months fell 8.9 percentage points to 44%, the first contraction since August 2020.

  Wang Jianjian, vice president of the Chinese Academy of Economics, analyzed that the first quarter of this year's manufacturing boom in Taiwan was "hot", and export orders began to decline after April.

At the same time, the upstream of the manufacturing industry is good, while the middle and lower reaches are relatively bad.

In addition, the electronics industry continued to benefit from emerging business opportunities such as 5G and the Internet of Things, and its performance was supported.

In contrast, the demand for consumer products has weakened, and the information industry has been affected.

  As for the performance of domestic demand, Taiwan's non-manufacturing managers' index (NMI) fell by 10 percentage points to 45.1% in May, after 10 consecutive months of expansion turned to contraction, the fastest contraction since May 2020 .

  Zhang Chuanzhang, president of the Chinese Academy of Economics, said that the epidemic in Taiwan is heating up, the public is strengthening epidemic prevention, and some industry players are affected by the epidemic affecting manpower scheduling, rising interest rates, inflation and other factors, all impacting non-manufacturing performance and outlook; non-manufacturing in the next 6 months The outlook index has been contracted for two consecutive months, and the index continued to fall by 9.9 percentage points to 35.8%, the fastest contraction rate since June 2020.

  According to a report from China Times News, Taiwan's "Labor Fund Utilization Bureau" released statistics on the same day showing that Taiwan's labor fund accumulated losses of 198.36 billion yuan (NTD, the same below) in the first four months of this year, with a rate of return of -3.94%.

Among them, the loss in April alone was 141.5 billion yuan.

  Looking forward to the future, the "Labor Fund Utilization Bureau" said that on the whole, the world continues to face the impact of the epidemic, high inflation, geopolitics and other factors. Under the tightening monetary policy, corporate profits and terminal consumer demand will also face challenges, and then affect the strength of economic recovery.

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