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.