Taiwan Industrial Output Growth Eases to 4-Month Low

Industrial production in Taiwan rose 19.17% year-on-year in September 2026, slowing from 23.47% in the previous month. This marked the weakest annual growth since May, with manufacturing output easing to 20.21% from 24.61%. Chemical materials and fertilizer production fell 4.29% due to weaker demand and annual maintenance. Meanwhile, production in computers and optoelectronics surged 45.92%, while electronics output rose 23.62%, driven by robust demand for AI servers, high-performance computing and semiconductors. Machinery production also increased 26.02% amid semiconductor capacity expansion, while automotive and auto parts output grew 2.35% and base metal output rose 1.39%.

Industrial production in Taiwan rose 23.47% year-on-year in August 2026, easing from a four-month high and revised 23.95% gain in the previous month. It marked the weakest annual growth since May, as manufacturing output moderated to 24.61% from 25.06% in July, despite stronger growth in electronic parts and components (21.68% vs 20.9%) and computers, electronic and optical products (95.72% vs 90.14%). Overall output was also weighed down by sharper declines in mining and quarrying (-9.34% vs -3.29%) and water supply (-2.11% vs -1.26%), while electricity and gas supply growth eased slightly (6.73% vs 6.77%). On a seasonally adjusted monthly basis, industrial production slowed to 0.85% from a revised 3% in July, marking its smallest monthly gain since March.

Industrial production in Taiwan climbed 25.61% year-on-year in July 2026, accelerating from 22.56% in the previous month and marking the strongest growth since March. Manufacturing output surged to a four-month high of 26.89% from 23.96% in June, led by a sharp increase in computers, electronic and optical products (95.62% vs 44.11%), while growth in electronic parts and components eased (22.72% vs 30%). Overall output was also supported by a rebound in mining and quarrying (0.83% vs -10.79%) and faster growth in electricity and gas supply (5.8% vs 1.54%). In contrast, output slipped in water supply (-1.3% vs 1.45%). On a seasonally adjusted monthly basis, industrial production rose 4.15% from 2.41% in June, marking its highest reading since February.