Taiwan's industrial production index in October this year increased by 8.97 percent as compared to October 2013 and was up 3.3 percent month on month, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in October increased by 8.08 percent compared to the same month of 2013.
In the first 10 months of this year, Taiwan's seasonally adjusted industrial production index increased by 5.94 percent year on year.
In October of the current year, industrial output in the country's basic metal manufacturing increased by 7.12 percent and output of metal product manufacturing increased by 3.31 percent, both compared with October 2013. In addition, on month-on-month basis, in October this year the basic metal manufacturing sector saw an increase of 3.56 percent in output and the metal product manufacturing sector saw an output increase of 4.3 percent. In the first 10 months, a 3.69 percent year-on-year increase was recorded in Taiwan's basic metal manufacturing output, while the fabricated metal product output index indicated an increase of 4.56 percent year on year.
Meanwhile, in October this year, production in Taiwan's machinery and equipment industry increased by 14.93 percent, output in the automotive industry rose by 4.59 percent, while production in the Taiwanese construction sector increased by 35.66 percent, all year on year.
