The S&P Global Taiwan Manufacturing PMI fell to 53.3 in March 2026 from 55.2 in February, signaling a slower yet still solid improvement in the sector. Output and new orders rose at softer rates, though both remained above long-term averages, supported by strong domestic and overseas demand, particularly for semiconductors and AI-related products. New export business also expanded at a solid pace. Purchasing activity increased for the fourth month, while stocks of purchases rose modestly. Meanwhile, rising input costs from higher raw material and energy prices amid the war in the Middle East drove the sharpest increase in output charges since June 2022. Supplier performance deteriorated at the fastest pace since May 2022, while employment fell marginally for the first time in three months. Despite these pressures, manufacturers remained optimistic, with sentiment near February’s 21-month high, reflecting expectations of continued strong global demand over the next year. source: S&P Global

Manufacturing PMI in Taiwan decreased to 53.30 points in March from 55.20 points in February of 2026. Manufacturing PMI in Taiwan averaged 50.96 points from 2011 until 2026, reaching an all time high of 62.40 points in April of 2021 and a record low of 41.50 points in October of 2022. This page provides the latest reported value for - Taiwan Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Manufacturing PMI in Taiwan decreased to 53.30 points in March from 55.20 points in February of 2026. Manufacturing PMI in Taiwan is expected to be 51.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Manufacturing PMI is projected to trend around 51.00 points in 2027, according to our econometric models.



Related Last Previous Unit Reference
Bankruptcies 2496.00 3281.00 Companies Jan 2026
Car Production 13810.00 22147.00 Units Feb 2026
Total Car Registrations 23394.00 23396.00 Thousand Jan 2026
Cement Production 897.77 868.85 Thousands of Tonnes Jan 2026
Changes in Inventories -98718.00 -49930.00 TWD Million Dec 2025
Coincident Index 124.66 122.49 points Jan 2026
Corruption Index 68.00 67.00 Points Dec 2025
Corruption Rank 24.00 25.00 Dec 2025
Industrial Production YoY 17.83 27.88 percent Feb 2026
Industrial Production Mom 3.47 -0.58 percent Feb 2026
Leading Economic Index 123.61 120.61 points Jan 2026
Manufacturing Production 19.64 29.70 percent Feb 2026
Mining Production -14.94 8.04 percent Feb 2026
Export Orders YoY 63877.00 76907.00 USD Million Feb 2026


Taiwan Manufacturing PMI
The IHS Markit Taiwan Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 300 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), EmploySuppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Taiwan Manufacturing Growth Slows
The S&P Global Taiwan Manufacturing PMI fell to 53.3 in March 2026 from 55.2 in February, signaling a slower yet still solid improvement in the sector. Output and new orders rose at softer rates, though both remained above long-term averages, supported by strong domestic and overseas demand, particularly for semiconductors and AI-related products. New export business also expanded at a solid pace. Purchasing activity increased for the fourth month, while stocks of purchases rose modestly. Meanwhile, rising input costs from higher raw material and energy prices amid the war in the Middle East drove the sharpest increase in output charges since June 2022. Supplier performance deteriorated at the fastest pace since May 2022, while employment fell marginally for the first time in three months. Despite these pressures, manufacturers remained optimistic, with sentiment near February’s 21-month high, reflecting expectations of continued strong global demand over the next year.
2026-04-01
Taiwan Manufacturing Growth Accelerates
The S&P Global Taiwan Manufacturing PMI rose to 55.2 in February 2026 from 51.7 in January. This was the third consecutive month of growth and the most pronounced since December 2021. Robust global demand drove the sharpest increases in output and new orders in over four-and-a-half years, prompting firms to boost both purchasing activity and inventory levels at faster rates. Employment also grew modestly, representing the strongest increase in staff numbers in nearly three-and-a-half years. However, backlogs accumulated at the quickest pace since August 2021. On the price front, input costs rose at the sharpest pace since April 2022, linked to higher prices for raw materials, while output charge inflation accelerated to its highest since mid-2022. Lastly, business confidence strengthened to a 21-month high amid hopes that global demand conditions will continue to improve in the coming months.
2026-03-02
Taiwan Manufacturing PMI Hits Over 1-Year High
The S&P Global Taiwan Manufacturing PMI rose to 51.7 in January 2026 from 50.9 in December, marking a second consecutive monthly improvement in manufacturing activity and the highest level since December 2024. Total new business expanded at its fastest pace in 11 months, supported by stronger customer demand both domestically and overseas. New export orders also rose at the start of 2026 amid robust demand from Europe, Mainland China, the US and Japan. In response to higher backlogs, firms sought to expand operational capacity by raising staffing levels for the second time in the past three months. Inflationary pressures intensified, with both input costs and selling prices rising at the fastest rates since mid-2022. Despite hopes for continued demand, firms expect conditions to weaken over the next 12 months.
2026-02-02