Seoul, July 29 -- Taiwan's economy continued to show a "green light", reflecting a stable growth in June, according to a report released by the National Development Council (NDC), as reported by Focus Taiwan.

The council's composite index of economic indicators dropped by two points to 29, the lowest since February 2024, but still within the "green light" range, which signals moderate and stable growth.

The NDC uses a five-colour system to track economic performance: red for overheating, yellow-red for an improving economy, green for stability, yellow-blue for sluggishness, and blue for recession.

In June, overtime hours in the industrial and service sectors shifted from yellow-red to green. The wholesale and food and beverage industri...