Taiwan's industrial production index in August this year increased by 7.03 percent as compared to August 2013 and was down 1.5 percent month on month, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in August increased by 8.11 percent compared to the same month of 2013.
In the first eight months of this year, Taiwan's seasonally adjusted industrial production index increased by 5.19 percent year on year.
In August of the current year, industrial output in the country's basic metal manufacturing increased by 4.56 percent and output of metal product manufacturing decreased by 0.58 percent, both compared with August 2013. In addition, on month-on-month basis, in August this year the basic metal manufacturing sector saw an increase of 1.98 percent in output and the metal product manufacturing sector saw an output decrease of 7.03 percent. In the first eight months, a 3.12 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 4.11 percent, both year on year.
Meanwhile, in August this year, production in Taiwan's machinery and equipment industry increased by 12.66 percent, output in the automotive industry rose by 1.45 percent, while production in the Taiwanese construction sector increased by 20.99 percent, all year on year.
