Industrial output in Taiwan rose 4.48 percent year-on-year in May of 2022, advancing from a downwardly revised 6.42 percent rise in the previous month. The reading largely reflects slower growth in the manufacturing sector (5.14 percent vs 6.56 percent in April), as well as contractions in mining & quarrying activities (-11.78 percent vs 8.33 percent) and utilities (-3.14 percent vs 5.41 percent). Meanwhile, output growth was little changed in water supply (1.38 percent vs 1.39 percent). On a seasonally adjusted monthly basis, industrial production fell 0.71 percent after a downwardly revised 3.76 percent increase in the previous month. source: Ministry of Economic Affairs (MOEA), Taiwan

Industrial Production in Taiwan averaged 5.24 percent from 1997 until 2022, 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 June of 2022.

Industrial Production in Taiwan is expected to be 9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Industrial Production is projected to trend around 6.00 percent in 2023, according to our econometric models.

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Taiwan Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-05-23 08:00 AM Apr 7.33% 2.4% 0.7%
2022-06-23 08:00 AM May 4.48% 6.42% 6.8%
2022-07-25 08:00 AM Jun 4.48%


Related Last Previous Unit Reference
Industrial Production Mom -0.71 3.76 percent May 2022
Industrial Production 4.48 7.33 percent May 2022
Manufacturing Production 7.50 2.20 percent Apr 2022
Mining Production -11.30 -3.40 percent Apr 2022

Taiwan Industrial Production
In Taiwan, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 92.7 percent of total production. The biggest segments within manufacturing are: electronic parts and components (29.4 percent); chemical materials (10.8 percent); basic metals (9 percent); computers, electronic and optical products (8.8 percent) and machinery and equipment (5.1 percent). Electricity and gas supply accounts for 4.6 percent of total output, water supply for 0.5 percent, construction for 1.5 percent and mining and quarrying for 0.6 percent.
Actual Previous Highest Lowest Dates Unit Frequency
4.48 7.33 75.71 -43.30 1997 - 2022 percent Monthly
NSA, 2016=100

News Stream
Taiwan Industrial Production Growth Slows
Industrial output in Taiwan rose 4.48 percent year-on-year in May of 2022, advancing from a downwardly revised 6.42 percent rise in the previous month. The reading largely reflects slower growth in the manufacturing sector (5.14 percent vs 6.56 percent in April), as well as contractions in mining & quarrying activities (-11.78 percent vs 8.33 percent) and utilities (-3.14 percent vs 5.41 percent). Meanwhile, output growth was little changed in water supply (1.38 percent vs 1.39 percent). On a seasonally adjusted monthly basis, industrial production fell 0.71 percent after a downwardly revised 3.76 percent increase in the previous month.
2022-06-23
Taiwan Industrial Output Growth Quickens in April
Industrial output in Taiwan jumped 7.3 percent year-on-year in April of 2022, from an upwardly revised 2.4 percent rise in the previous month. Output accelerated sharply for manufacturing (7.5 percent vs 2.2 percent in March) and, to a lesser extent, for electricity and gas supply (5.8 percent vs 5 percent). Also, production rebounded for water supply (1.3 percent vs -2.2 percent) whereas declined faster for mining and quarrying (-11.3 percent vs -3.4 percent). On a seasonally adjusted monthly basis, industrial production rose 4.1 percent after a 6.3 percent contraction in the previous month.
2022-05-23
Taiwan Industrial Output Growth at 3-Month High
Industrial output in Taiwan jumped 10 percent year-on-year in February of 2022, advancing from a downwardly revised 8.4 percent rise in the previous month. It was the fastest growth in industrial production since November of 2021, driven by the manufacturing sector (10.2 percent vs 8.9 percent in January) and utilities (9.7 percent vs 1 percent). Meanwhile, output continued to decline for mining & quarrying (-15.4 percent vs -8.2 percent) and water supply (-5.5 percent vs -1.8 percent). On a seasonally adjusted monthly basis, industrial production rose 3.7 percent after a revised 2.2 percent increase in the previous month.
2022-03-23