Trade Resources Industry Views Taiwan's Industrial Production Index in June This Year Increased by 8.63 Percent

Taiwan's Industrial Production Index in June This Year Increased by 8.63 Percent

Taiwan's industrial production index in June this year increased by 8.63 percent as compared to June 2013 and was down 1.69 percent month on month, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in June increased by 7.43 percent compared to the same month of 2013.

In the first half of this year, Taiwan's seasonally adjusted industrial production index increased by 4.53 percent year on year.

In June of the current year, industrial output in the country's basic metal manufacturing increased by 8.72 percent and output of metal product manufacturing increased by 9.18 percent, both compared with June 2013. In addition, on month-on-month basis, in June this year the basic metal manufacturing sector saw a decrease of 0.86 percent in output and the metal product manufacturing sector saw an output decrease of 0.67 percent. In the first half, a 2.62 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 4.14 percent, both year on year.

Meanwhile, in June this year, production in Taiwan's machinery and equipment industry increased by 13.33 percent, output in the automotive industry rose by 18.47 percent, while production in the Taiwanese construction sector increased by 3.34 percent, all year on year.

Source: http://www.steelorbis.com/steel-news/latest-news/taiwans-basic-metal-output-up-262-percent-in-h1-839423.htm
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Taiwan's Basic Metal Output up 2.62 Percent in H1
Topics: Metallurgy