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.