July 10, 2006
In its economic report for May, the Council for Economic Planning and Development (CEPD) announced statistics pointing to the stable growth of Taiwan's economy.
The CEPD's monitoring of key indicators showed that Taiwan's economy rose to 24 points in May from 23 points in April, which signaled the "green light" for growth.
The CEPD indicates economic health through a five-tier color spectrum, where blue indicates recession, yellow-blue indicates slowdown, green points to steady growth, yellow-red means slightly overheating, and red is an overheating economy.
The leading indicators under the CEPD's main index for May increased by 1.2% over April to 109.7 points, a performance attributed to a rise in manufacturing orders and currency indicators.
(Central Daily News, Taipei Times)
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