标普全球台湾制造业PMI从3月的49.3升至2024年4月的50.2，这是两年来首次扩张，尽管注册增长幅度不大。产出和新订单同时增长，就业率也有所回升。尽管如此，小组成员继续报告说，市场需求仍然相对低迷，因此对购买活动保持了谨慎的态度，而是表示倾向于尽可能利用库存。与此同时，在原材料成本大范围上涨的背景下，投入品价格通胀加剧，尽管企业将这些成本转嫁给客户的能力仍然有限，4月份产出费用再次小幅下降。展望未来，企业希望市场需求将改善，导致销售额和产量回升。

The S&P Global Taiwan Manufacturing PMI rose to 50.2 in April 2024 from 49.3 in March, expanding for the first time in two years, although registered growth was marginal. There were concurrent rises in output and new orders, plus a return to rising employment. Panelists nonetheless continued to report that market demand remained relatively subdued, and therefore retained a cautious approach to buying activity, instead signaling a preference to utilize inventories wherever possible. Meanwhile, input prices inflation picked up on the back of a broad-based rise in raw material costs, though firms remained limited in their ability to pass these on to customers with output charges falling marginally again in April. Looking ahead, firms are hopeful that market demand will improve, leading to a pickup in sales and output.

初步估计显示，2024年第一季度，台湾经济同比增长6.51%，高于上一季度的4.93%。这标志着自2021年第二季度以来最强劲的经济扩张，这是由政府支出的进一步增长推动的（1.26%对第四季度的0.02%）。此外，下一次外部需求对GDP增长做出了积极贡献，出口激增10.21%（对3.72%），而进口则增长2.16%（对-4.48%）。与此同时，总资本形成下降幅度较小（-4.47%对-9.06%），家庭消费增长速度较慢（4.14%对5.07%）。经季节性调整的季度GDP增长0.28%，低于上一季度2.34%的强劲增长。

The Taiwanese economy expanded 6.51% year-on-year in the first quarter of 2024, accelerating from a 4.93% growth in the previous period, preliminary estimates showed. It marked the strongest economic expansion since the second quarter of 2021, driven by a further increase in government spending (1.26% vs 0.02% in Q4). Additionally, next external demand contributed positively to the GDP growth, as exports surged 10.21% (vs 3.72%), while imports rose at a softer 2.16% (vs -4.48%). At the same time, gross capital formation declined less (-4.47% vs -9.06%), and household consumption grew at a softer pace (4.14% vs 5.07%). On a seasonally adjusted quarterly basis, the GDP went up 0.28%, slowing from a robust 2.34% expansion in the prior quarter.

台湾消费者信心指数在2024年4月为63.37，较前一时期的14个月高点73.51大幅下降。这是自2023年4月以来的最低读数，因为所有组成部分的情绪都在恶化，尤其是投资股票的时机（3月份为24.65比63.41）、就业机会（64.72比70.41）和家庭财务状况（74.65比79.50）。此外，对未来六个月价格（28.78对32.25）、国内经济繁荣（79.60对83.68）和购买耐用品的时机（107.80对111.84）的预期也削弱了士气。

The consumer confidence index in Taiwan came at 63.37 in April 2024, sharply falling from a 14-month high of 73.51 in the previous period. It was the lowest reading since April 2023, as sentiments deteriorated for all components, particularly the timing to invest in stocks (24.65 vs 63.41 in March), employment opportunities (64.72 vs 70.41), and family’s financial situation (74.65 vs 79.50). Also, morale weakened for expectations for prices in the next six months (28.78 vs 32.25), domestic economic prosperity (79.60 vs 83.68), and the timing to buy durable goods (107.80 vs 111.84).

台湾工业生产在2024年3月同比增长3.99%，从上月修正后的1.31%的下降中反弹。制造业的产量恢复（4.01%对2月份的-1.39%），而电力和天然气供应的产量增长更快（4.28%对0.7%）。此外，采矿和采石业的产出下降速度较慢（-11.63%对-16.08%）。另一方面，供水产量下降（-0.58%对2.53%）。经季节性调整后的月度工业活动在3月份下降了0.84%，扭转了前一个月经向下修正后下降了3.33%的趋势。

Industrial production in Taiwan rose 3.99% year-on-year in March 2024, rebounding from an upwardly revised 1.31% decline in the previous month. Output recovered for manufacturing (4.01% vs -1.39% in February), while production increased faster for electricity and gas supply (4.28% vs 0.7%). Additionally, output fell at a softer pace for mining and quarrying (-11.63% vs -16.08%). On the other hand, production shrank for water supply (-0.58% vs 2.53%). On a seasonally adjusted monthly basis, industrial activity dropped by 0.84% in March, reversing a downwardly revised 3.33% decrease in the prior month.