April PMI Hits 60.3%, Expanding for 7 Straight Months to Reach 4.5-Year High
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Taiwan''s manufacturing PMI reached 60.3% in April 2026, marking seven consecutive months of expansion and a 4.5-year high. Key drivers include early orders due to US-Iran tensions, strong first-quarter exports, and growth led by the electronics industry. While AI investments fuel growth, experts warn of risks associated with industry concentration and energy price pressures.