Trade Resources Industry Views Taiwan's Industrial Production Index in April This Year Increased by 4.80 Percent

Taiwan's Industrial Production Index in April This Year Increased by 4.80 Percent

Taiwan's industrial production index in April this year increased by 4.80 percent as compared to April 2013 and was up 0.30 percent month on month, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in April increased by 4.98 percent compared to the same month of 2013.

In the first four months of this year, Taiwan's seasonally adjusted industrial production index increased by 3.31 percent year on year.

In April of the current year, industrial output in the country's basic metal manufacturing increased by 0.49 percent and output of metal product manufacturing increased by 6.32 percent, both compared with April 2013. In addition, on month-on-month basis, in April this year the basic metal manufacturing sector saw a decrease of 1.07 percent in output and the metal product manufacturing sector saw an output increase of 3.54 percent. In the first four months, a 0.60 percent year-on-year decrease was recorded in Taiwan's basic metal manufacturing output, while the fabricated metal product output index indicated an increase of 2.88 percent, both year on year.

Meanwhile, in April this year, production in Taiwan's machinery and equipment industry increased by 7.98 percent, output in the automotive industry rose by 21.15 percent, while production in the Taiwanese construction sector increased by 37.42 percent, all year on year.

Source: http://www.steelorbis.com/steel-news/latest-news/taiwans-basic-metal-output-up-05-percent-in-april-830065.htm
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Taiwan's Basic Metal Output up 0.5 Percent in April
Topics: Metallurgy