Taiwan's economy showed signs of a slowdown with the index of leading indicators for April standing at 110.0 points, down 0.2 percent from March, the government said. In March, the index of leading indicators registered a revised 1.7 percent month-on-month increase, the Council for Economic Planning and Development (CEPD) said.
The index is used as a gauge for the economy's anticipated direction over upcoming three months. The April index of coincident indicators, which coincides with the current pace of economic activity, fell 0.4 percent month-on-month to 109.6 points, after posting a revised 0.9 percent increase in March, it said.
Both indexes for leading and coincident indicators are based on a 2001 benchmark of 100. The total score of monitoring indicators for April was 18 points, compared with 23 points in March.
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