US STOCKS
FUNDS
FX & CRYPTO
SH/SZ-HK
HK STOCKS
 
AUDHKD
 
CADHKD
 
CHFHKD
 
CNYHKD
 
EURHKD
 
EURUSD
 
GBPHKD
 
HKDJPY
 
NZDHKD
 
USDCNY
 
HKD
 
News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
Taiwan Apr S&P PMI Rises to 55.3, Highest in Over Four Years; Cost Surge Near Record High
S&P Global announced that after seasonal adjustment, Taiwan's S&P Purchasing Managers' Index (PMI) rose to 55.3 in April from the previous 53.3, marking the highest level since Jan...
Reset
Send
The window will close in 5 seconds
Taiwan Apr S&P PMI Rises to 55.3, Highest in Over Four Years; Cost Surge Near Record High
Recommend
1
Positive
2
Negative
1
 
 

S&P Global announced that after seasonal adjustment, Taiwan's S&P Purchasing Managers' Index (PMI) rose to 55.3 in April from the previous 53.3, marking the highest level since January 2022 and remaining in expansion territory for five consecutive months.

The latest data reflected faster expansions in output and new orders, supporting a recovery in momentum for Taiwan's manufacturing sector at the beginning of 2Q26. However, firms emphasized that supplier delivery delays have worsened to the most severe level in four years, while production costs remained elevated, with the increase among the largest in the survey's history. Growth momentum was partly driven by concerns over surging material prices and potential supply disruptions stemming from the Middle East conflict.

Manufacturers increased output in April, with the pace of expansion the second fastest since July 2024, slightly below that seen in February this year. Companies generally indicated that rising new orders, coupled with expectations that the Middle East war could trigger sharp price hikes or shortages of materials, prompted them to boost production as a precaution against escalating risks.

Total new orders expanded at the second-fastest pace since August 2021, trailing only February this year, also linked to increased stockpiling among clients. New export orders rose at the second-strongest pace since early 2022. Firms noted that export business was supported by a broad global client base, covering the United States, Europe, mainland China, Japan and SE Asia.

Amid stronger production demand and concerns over potential supply chain disruptions and soaring costs, firms raised purchasing activity from the previous month to build inventories in advance. The pace of expansion was the second highest in nearly four and a half years.

Against the backdrop of war-related disruptions and stronger input demand, supplier performance deteriorated sharply. Delivery delays were the most severe in four years.

The increase in input inventories was modest and the slowest in three months, as respondents cited tight raw material supply constraining stockpiling progress. Meanwhile, firms utilized existing finished goods inventories to fulfill orders, leading to a slight decline in post-production inventories.

Raw material shortages and shipping delays were also associated with a sharp rise in purchasing prices. Companies reported that the April cost increase was close to a five-year high and among the highest since the survey began in 2004. As a result, firms raised selling prices at the most marked pace since end-2021.

Despite solid growth in output and new orders, manufacturers further reduced headcount in April, though the pace of job cuts remained modest, mainly due to unfilled vacancies following staff departures.

Workforce reductions combined with rising new orders led to a continued accumulation of backlogs, with the rate of increase the second fastest since November 2021.

When assessing production over the coming year, Taiwan manufacturers were generally optimistic at the start of 2Q26. Although firms typically expected sustained improvement in client demand and increased investment in AI-related sectors, overall optimism slipped to a three-month low, with confidence dampened by uncertainties surrounding the Middle East situation, prompting a more cautious outlook.

Annabel Fiddes, Associate Director of Economics at S&P Global Market Intelligence, said the latest PMI data indicated that both producers and clients sought to build inventories during the Middle East conflict, supporting expansion in Taiwan's manufacturing activity.

The war has delivered the largest post-pandemic shock to supply chains and significantly pushed up production costs at the start of the second quarter. Rising oil prices fueled inflation, with firms reporting higher charges from suppliers, driving operating expenses to one of the highest levels in the 22-year survey history. The marked increase in selling prices suggested that cost pressures were largely passed on to customers.

On the positive side, business confidence remained relatively resilient despite falling to a three-month low, as many companies expected order demand to continue strengthening, particularly in AI-related fields. However, the ongoing Middle East conflict continues to cloud the production outlook, implying that firms will adopt a more cautious approach to future operations. (da/u)



This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

Auto-translated by AI

AASTOCKS Financial News

 
FOREX/CRYPTO SITEMAP
Email: support@aastocks.com
AASTOCKS.COM LIMITED (阿斯達克網絡信息有限公司) All rights reserved.
Disclaimer
You expressly agree that the use of this app/website is at your sole risk.

AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd, Nasdaq, Inc., their respective holding companies and/or any subsidiaries of such holding companies, their Sources and/or other third party data provider(s) endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co.Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) make any express or implied offers, representations or warranties (including, without limitation, any warranty or merchantability or fitness for a particular purpose or use) regarding the Information.

Neither AASTOCKS.com Limited, HKEx Information Services Limited, China Investment Information Services Limited, Shenzhen Securities Information Co. Ltd., Nasdaq, Inc. nor their respective holding companies and/or any subsidiaries of such holding companies nor their Sources and/or other third party data provider(s) will be liable to any Subscriber or any other party for any interruption, inaccuracy, error, or omission, regardless of cause, in the Information or for any damages (whether direct or indirect, consequential, punitive, or exemplary) resulting from its use by any party.

AASTOCKS.com Limited shall not be liable for any failure or delay in performance of its obligations under this Disclaimer because of circumstances beyond its reasonable control, including but without limitation, acts of God, typhoons, rainstorms, other natural disasters, government restrictions, strikes, wars, virus outbreak, network failures or telecommunications failures.

Morningstar Disclaimer: Copyright © 2020 Morningstar, Inc. All Rights Reserved. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and Morningstar’s third party licensors; (2) may not be copied or redistributed except as specifically authorised; (3) do not constitute investment advice; (4) are provided solely for informational purposes; and (5) are not warranted to be complete, accurate or timely. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

The information and contents contained in this app/website are based on the analyses and interpretations of publicly available information obtained from sources believed to be reliable. Such analyses and information have not been independently verified and AASTOCKS.com Limited makes no guarantees to their accuracy, completeness, timeliness or correctness.

The information, financial market data, quotes, charts, statistics, exchange rate, news, research, analysis, buy and sell ratings, Education Center and other information on this app/website should be used as references only at your own discretion. Prior to the execution of a security or any other trade based upon the Information, you are advised to consult independent professional advice to verify pricing information or to obtain more detailed market information. AASTOCKS.com Limited is not soliciting any subscriber or app/website visitor to execute any trade. Any trades executed following the said information, commentaries and/or buy/sell ratings on this app/website are taken at your own risk for your own account.

As a convenience to users, the AASTOCKS.com Limited has added a translation feature developed by Azure OpenAI to assist users in understanding information on this platform in languages other than Chinese. The translated text may lose some of its intended meaning. Some items on the site, including images containing text, videos with captioning, PDF documents, or maps may not be translated, and some features may not work in the translated versions.

The AASTOCKS.com Limited does not guarantee the accuracy of translations, and the translated text should not be considered exact. The text translated is made available on an as is and as available basis without any warranties of any kind. The AASTOCKS.com Limited will not accept any liability for damages or losses of any kind caused by the use of the translation feature.

AASTOCKS.com Limited provides the information and services on an "AS IS" basis. The information and contents on this app/website are subject to change without notice. AASTOCKS.com Limited reserves the right, in its sole discretion but without any obligation, to make improvements to, or correct any error or omissions in any portion of this app/website at any time.

The subscriber or app/website visitor agrees not to reproduce, retransmit, disseminate, distribute, broadcast, publish, circulate, sell or commercially exploit the information and contents on this app/website in any manner without the express written consent of AASTOCKS.com Limited.

Investment involves risk. You may make use of the Education Center of this website for academic reference purposes at your own discretion. AASTOCKS.com Limited cannot and does not give any assurance that the present or future buy/sell commentaries and signals on this app/website will be profitable. AASTOCKS.com Limited cannot guarantee, and the subscriber or app/website visitor should not assume, that the future performance will equal past performance.

AASTOCKS.com Limited may point to other sites that may be of interest to the subscriber or app/website visitor but for which AASTOCKS.com Limited has no responsibility and only provides this as a service to the subscriber or app/website visitor.

AASTOCKS.com Limited does not represent or endorse the accuracy or reliability of any information, advertisements or contents contained on, distributed through, or linked, downloaded or accessed from any of the services on this app/website. AASTOCKS.com Limited cannot and does not guarantee the quality or reliability of any products or information purchased or obtained by you as a result of an advertisement or any other information displayed on this app/website.

AATV is a video platform owned by AASTOCKS.com Limited.

You acknowledge that: (i) AATV is provided for information purposes only and, in particular, is not intended for trading purposes; (ii) AATV does not and none of the information contained in its program constitutes a solicitation, offer, opinion, or recommendation by us to buy or sell any security, or to provide legal, tax, accounting, or investment advice or services whether or not regarding the profitability or suitability of any security or investment; and (iii) AATV is not intended for use by, or distribution to, any person or entity in any jurisdiction or country where such use or distribution would be contrary to law or regulation.

The financial analysis or opinion expressed in the AATV programs is for reference and discussion only, and does not represent AASTOCKS.com Limited. Investors must make their own investment decisions based on their own investment objectives and financial situation. AASTOCKS.com Limited shall not, directly or indirectly, be liable, in any way, to you or any other person for any: (i) inaccuracies or errors in or omissions from AATV including, but not limited to, quotes and financial data; (ii) delays, errors, or interruptions in the transmission or delivery of AATV; or (iii) loss or damage arising therefrom or occasioned thereby, or by any reason of nonperformance.

AASTOCKS.com Limited reserves the right to change this Disclaimer at any time by posting changes online at this app/website. You are responsible for reviewing regularly information posted therein to obtain timely notice of such changes. Your continued use of this app / website after changes are posted constitutes your acceptance of this Agreement as modified by the posted changes.

The disclaimer herein shall be governed by the law of the Hong Kong Special Administrative Region of the People's Republic of China ("Hong Kong") and you agree to submit to the exclusive jurisdiction of the Hong Kong courts.

In the event of any discrepancy between the Chinese and English versions, the English version shall prevail.

Last updated on 9 February 2026.