Taiwan's monitoring indicators to remain in steady growth in August

Data will be released on Thursday.

Taiwan's monitoring indicators index for August is sheduled for release on September 29 and Standard Chartered believes the country to have remained in the 'green' zone.

Monitoring indicators index is a key gauge of economic activity for the next one to three months.

The index unexpectedly returned to ‘green’ which suggests growth in July for the first time since February 2015, and coincided with a pick-up in export sales and industrial production. This provides added support to the bottoming out of the growth cycle H1-2016.

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