TAIPEI, Nov. 27 (Xinhua) -- Sentiment toward Taiwan's economy weakened in October while the local economy managed to display signs of steady growth for the month, according to a report released by the local development planner Monday.
The agency's composite monitoring indicator rated Taiwan's economy at a 23 for October, a five-point drop from September but still within the "green light" category of 23-31, signaling steady growth.
The manufacturing sales, industrial output, wholesale, retail and catering sectors all showed weakening sentiment in October, according to the report.
The agency has taken a cautiously optimistic outlook for the island's economic growth in the future as the global economy continues to recover against uncertain geopolitical risks and monetary policies of major markets.
