Taiwan, Thailand manufacturing PMIs strengthen in September amid AI and demand gains

  • Taiwan’s manufacturing PMI rose to 56.7, while Thailand’s increased to 54.3 in September.
  • Taiwan recorded its fastest output and new-order growth in more than five years, while Thailand’s output growth reached a nine-month high.
  • Taiwan manufacturers cited AI demand but faced supply and cost pressures; Thailand reported modest price growth and slightly lower employment.

Taiwan’s S&P Global Manufacturing PMI rose to 56.7 in September from 54.7 in August, its strongest reading since August 2021, as output, new orders and export demand accelerated, particularly for AI-related products. Thailand’s PMI increased to 54.3 in September 2026 from 53.8 in August, its highest since December 2025, with output and new orders strengthening amid robust demand, promotional campaigns and new client acquisitions. Taiwan faced sharper supplier constraints and rising input-cost inflation, while Thailand saw modest price pressures and slightly lower employment attributed to natural attrition.

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