Industrial production in Taiwan went up 18.37 percent year-on-year in June of 2021, following an upwardly revised 16.88 percent jump in the previous month. It was the 17th straight month of expansion and the steepest increase in industrial activity since January, on the back of manufacturing industries (20.20 percent vs 17.69 percent in May). On the other hand, output fell in mining & quarrying (-5.11 percent vs 6.62 percent); water supply (-4.39 percent vs -4.68 percent); and electricity & gas supply (-0.29 percent vs 9.05 percent). On a seasonally adjusted monthly basis, industrial production went up 2.57 percent, little changed from an upwardly revised 2.54 percent increase in May. source: Ministry of Economic Affairs (MOEA), Taiwan
Industrial Production in Taiwan averaged 5.08 percent from 1997 until 2021, 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 July of 2021.
Industrial Production in Taiwan is expected to be 5.90 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 2.00 in 12 months time. In the long-term, the Taiwan Industrial Production is projected to trend around 2.00 percent in 2022, according to our econometric models.