March Business Climate Indicator Flashes 4 Consecutive Red Lights, Score Drops; NDC: Economy Maintaining Stable Growth

(Central News Agency reporter Zhao Minya, Taipei, 27th) The National Development Council (NDC) today announced the March business climate indicator. The composite judgment score decreased by 2 points, falling to 39 points, but the "red light," representing an overheating economy, continued for the fourth consecutive month. The NDC stated that the domestic economy is maintaining stable growth, but subsequent changes need to be monitored. Among the nine components of the March business climate indicator, industrial and service sector overtime hours changed to a "yellow-red light," decreasing by 1 point; the manufacturing business climate index changed to a "yellow-blue light," decreasing by 1 point; the other seven indicators remained unchanged. (Editor: Yang Lanxuan) 1150427