Industrial output in Taiwan advanced by 3.68% year-on-year in August of 2022, accelerating sharply from an upwardly revised 1.63% rise in the previous month. It was the strongest increase in industrial activity in three months, mainly boosted by mining & quarrying activities (10.25% vs 4.22% in July), water supply (4.76% vs 4.22%) and, to a lesser extent, manufacturing (3.87% vs 1.61%). Meanwhile, production slowed for electricity and gas supply (1.89% vs 3.02%). On a seasonally adjusted monthly basis, industrial output decreased by 0.64%, after an upwardly revised 0.96% rise in the previous month. source: Ministry of Economic Affairs (MOEA), Taiwan

Industrial Production in Taiwan averaged 5.21 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 September of 2022.

Industrial Production in Taiwan is expected to be 7.90 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
2022-08-23 08:00 AM Jul 1.12% 0.54% 0.9%
2022-09-23 08:00 AM Aug 3.68% 1.63% -2.3%
2022-10-24 08:00 AM Sep 3.68%


Related Last Previous Unit Reference
Industrial Production Mom -0.64 0.96 percent Aug 2022
Industrial Production 3.68 1.63 percent Aug 2022
Manufacturing Production 3.87 1.61 percent Aug 2022
Mining Production 10.25 4.22 percent Aug 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
3.68 1.63 75.71 -43.30 1997 - 2022 percent Monthly
NSA, 2016=100

News Stream
Taiwan Industrial Output Growth Quickens in August
Industrial output in Taiwan advanced by 3.68% year-on-year in August of 2022, accelerating sharply from an upwardly revised 1.63% rise in the previous month. It was the strongest increase in industrial activity in three months, mainly boosted by mining & quarrying activities (10.25% vs 4.22% in July), water supply (4.76% vs 4.22%) and, to a lesser extent, manufacturing (3.87% vs 1.61%). Meanwhile, production slowed for electricity and gas supply (1.89% vs 3.02%). On a seasonally adjusted monthly basis, industrial output decreased by 0.64%, after an upwardly revised 0.96% rise in the previous month.
2022-09-23
Taiwan Industrial Production Growth Advances in July
Industrial output in Taiwan rose by 1.12% in July, on a yearly basis, quickening from a downwardly revised 0.54% expansion in the previous month. Production in the manufacturing sector increased (1.03% vs 0.33% in June), and the same happened to water supply (4.22% vs 2.78% in June). Meanwhile, output from mining & quarrying activities (2.42% vs 4.59% in June) and the supply of utilities (3.10% vs 3.76% in June) experienced some cooling.
2022-08-23
Taiwan Industrial Production Growth Falters
Industrial output in Taiwan inched up by 0.73 percent year-on-year in June of 2022, slowing markedly from a downwardly revised 4.14 percent rise in the previous month. Production faltered in the manufacturing sector (0.51 percent vs 4.75 percent in May), while output from mining & quarrying activities rebounded (4.27 percent vs -8.94 percent) and utilities (3.77 percent vs -2.90 percent). Meanwhile, growth picked up slightly for water supply (2.79 percent vs 1.34 percent). On a seasonally adjusted monthly basis, industrial production fell 0.41 percent, from an upwardly revised 1.04 percent drop in the previous month.
2022-07-25