Economy showing steady growth: NDCTAIPEI -- Taiwan's economy continued to show signs of steady growth in September, with monitoring indicators flashing a green light for the third consecutive month, according to a report released Thursday by the National Development Council (NDC). The NDC uses a five-color system to gauge the country's economic situation, with blue indicating recession, yellow-blue representing sluggishness, green denoting stable growth, yellow-red signifying a warming economy, and red pointing to overheating. The economy flashes the different colors based on the council's composite monitoring indicator, which measures growth or decline in nine components of the economy. A monitoring indicator score of between nine and 16 represents a blue light, while 17-22 indicates yellow-blue, 23-31 signals green, 32-37 represents yellow-red, and 38-45 signals red. Both the indexes showed an increase for the seventh consecutive month, signaling that the economy continued to improve during the month, according to the NDC.

Source: The China Post October 27, 2016 16:11 UTC