Taiwan Industrial Output Hits 13-Month Low

Industrial production in Taiwan rose 11.78% year-on-year in May 2026, easing from an upwardly revised 14.94% growth in the previous month and marking the slowest expansion since January 2025. Manufacturing output growth moderated to 12.68% from 16.01% in April, particularly in pulp, paper and paper products (0.87% vs 4.73%), computers, electronic and optical products (36.62% vs 83.65%), and machinery and equipment (10.68% vs 16.33%). Meanwhile, output in electricity and gas supply declined further (-1.29% vs -1.08%), while the contraction in mining and quarrying eased slightly (-7.61% vs -8.71%). In contrast, water supply output accelerated, rising 3.54% compared with a 2.73% gain in the previous month. On a seasonally adjusted monthly basis, industrial production advanced 1.55% in May, following an upwardly revised 0.93% increase in April, marking the strongest growth since February.

Industrial production in Taiwan rose by 14.16% year-on-year in April 2026, sharply slowing from a downwardly revised and near sixteen-year high of 26.12% in the previous month. It marked the weakest growth since March 2025, as manufacturing output eased significantly (15.13% vs 28.03% in March), particularly in electronic parts and components (11.47% vs 22.66%), computers, electronic and optical products (85.4% vs 146.26%), and basic metals (2.08% vs 5.7%). Meanwhile, the decline softened for mining and quarrying (-9.42% vs -9.69%) and electricity and gas supply (-0.49% vs -2.4%), while the output for water supply rebounded (2.74% vs -0.10%). On a seasonally adjusted monthly basis, industrial production rose 0.45%, accelerating from a downwardly revised 0.02% gain in March.

Industrial production in Taiwan surged by 28.68% year-on-year in March 2026, picking up from a downwardly revised and four-month low of 16.63% in the previous month. This marked the strongest growth since May 2010, as manufacturing output soared to 30.73% from 18.43% in February, driven by stronger production in electronic parts and components (27.87% vs 23.9%) and computers, electronic and optical products (146.32% vs 111.23%), along with rebounds in fabricated metal products (1.39% vs -18.22%) and machinery and equipment (-7.48% vs -8.7%). Overall industrial output was also supported by milder contractions in mining and quarrying (-10.56% vs -14.32%), electricity and gas supply (-1.77% vs -10.17%), and water supply (-0.12% vs -0.47%). On a monthly basis, industrial production eased notably to 1.62% in March 2026, from an upwardly revised 4.6% gain in the previous month.