Industrial production in Taiwan increased 10.41 percent year-on-year in March 2020, following an upwardly revised 20.69 percent rise in the previous month. Output growth slowed in manufacturing (11.09 percent from 21.48 percent in February); electricity and gas supply (2.15 percent from 11.24 percent); mining and quarrying (18.14 percent from 39.11 percent); and water supply output (1.90 percent from 3.74 percent). On a seasonally adjusted monthly basis, industrial production went up 0.2 percent, rebounding from a downwardly revised 4.93 percent fall in the prior month.
Industrial Production in Taiwan averaged 4.83 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 May of 2020.
Industrial Production in Taiwan is expected to be 4.50 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.