Industrial production in Taiwan rose 7.34 percent year-on-year in June 2020, following an upwardly revised 1.68 percent gain in the previous month. Output increased further for manufacturing (7.81 percent vs 1.83 percent in May) and mining & quarrying (21.31 percent vs 16.62 percent). Additionally, production of electricity & gas supply rebounded (1.31 percent vs -1.03 percent). On the other hand, output continued to fall for water supply (-0.1 percent, the same as in May). On a seasonally adjusted monthly basis, industrial production went up 1.48 percent, rebounding from a 0.75 percent decline in the prior month.
Industrial Production in Taiwan averaged 4.82 percent from 1997 until 2020, reaching an all time high of 75.71 percent in January of 2010 and a record low of -43.30 percent in January of 2009. This page provides the latest reported value for - Taiwan Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Taiwan Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.
Industrial Production in Taiwan is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Taiwan to stand at 1.50 in 12 months time. In the long-term, the Taiwan Industrial Production is projected to trend around 2.00 percent in 2021, according to our econometric models.