Trade Resources Industry Views Taiwan's Industrial Production Index in January This Year Decreased by 1.78 Percent

Taiwan's Industrial Production Index in January This Year Decreased by 1.78 Percent

Taiwan's industrial production index in January this year decreased by 1.78 percent as compared to January 2013 and was down 2.93 percent month on month, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in January increased by 1.22 percent compared to the same month of 2013.

In January of the current year, industrial output in the country's basic metal manufacturing sector decreased by 3.27 percent and output of metal product manufacturing decreased by 8.21 percent, both compared with January 2013. In addition, on month-on-month basis, in January the basic metal manufacturing sector saw a decline of 2.54 percent in output, while the metal product manufacturing sector saw a decrease of 8.92 percent.

Meanwhile, in January this year, production in Taiwan's machinery and equipment industry decreased by 4.31 percent, output in the automotive industry decreased by 6.44 percent, while production in the Taiwanese construction sector increased by 6.04 percent, all year on year.

Source: http://www.steelorbis.com/steel-news/latest-news/taiwans-basic-metal-output-down-254-percent-in-jan-from-dec-815147.htm
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Taiwan's Basic Metal Output Down 2.54 Percent in Jan From Dec
Topics: Metallurgy