Industrial output in Taiwan rose 2.15 percent year-on-year in March of 2022, slowing sharply from a downwardly revised 9.47 percent climb in the previous month. It was the slowest expansion in the sector since May of 2020, reflecting a drastic slowdown in manufacturing output growth (1.95 percent vs 9.61 percent in February) and, to a lesser extent, in utilities (5.06 percent vs 9.15 percent). Meanwhile, output continued to decline for mining & quarrying (-4-95 percent vs -13.77 percent) and water supply (-2.57 percent vs -3.40 percent). On a seasonally adjusted monthly basis, industrial production contracted 6.50 percent after a downwardly revised 3.36 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 May 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.