Industrial output in Taiwan fell by 4.93 percent year-on-year in November of 2022, from an upwardly revised 4.27 percent decline in the previous month. It was the third month of successive contraction, as output declined for both mining & quarrying (-6.47 percent vs 7.47 percent) and manufacturing (-5.26 percent vs -4.20 percent). On the other hand, output growth eased for water supply (1.06 percent vs 2.51 percent) while output fell at a softer pace for electricity & gas supply (-0.08 percent vs -5.93 percent). On a seasonally adjusted monthly basis, industrial activity decreased by 1.06 percent in November, shifting from a 1 percent growth in the previous month. source: Ministry of Economic Affairs (MOEA), Taiwan
Industrial Production in Taiwan averaged 5.11 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 January of 2023.
Industrial Production in Taiwan is expected to be -1.60 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 and 4.90 percent in 2024, according to our econometric models.