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.

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Taiwan Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-11-23 08:00 AM Oct -3.56% -4.49% -5.7%
2022-12-23 08:00 AM Nov -4.93% -4.27% -3.2%
2023-02-01 08:00 AM Dec -4.93% -1.6%


Related Last Previous Unit Reference
Industrial Production Mom -1.06 1.00 percent Nov 2022
Industrial Production -4.93 -4.27 percent Nov 2022
Manufacturing Production -5.26 -4.20 percent Nov 2022
Mining Production -6.47 7.47 percent Nov 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
-4.93 -4.27 75.71 -43.30 1997 - 2022 percent Monthly
NSA, 2016=100

News Stream
Taiwan Industrial Output Falls for the 3rd Straight Month
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.
2022-12-23
Taiwan Industrial Output Drops for the 2nd Month
Industrial output in Taiwan dropped by 3.56% year-on-year in October 2022, following a downward revised 4.49% decline in the previous month. It was the second month of successive contraction, weighed down by the further decreases in electricity, & gas supply (-6.36% vs -4.69% in September) and manufacturing activities which fell at a softer pace (-3.40% vs -4.52%). Meanwhile, output growth slowed for mining and quarrying (6.84% vs 7.67%), and water supply (2.52% vs 3.98%). On a seasonally adjusted monthly basis, industrial activity grew by 1.65%, rebounding from a 5.19% fall in September.
2022-11-23
Taiwan Industrial Output Slips for the 1st Time in 2 Years
Industrial output in Taiwan fell by 4.80% year-on-year in September of 2022, slipping from a revised 3.26% expansion in the previous month. It was the first month of contraction since January 2020, weighed down by the decline in manufacturing activities (-4.83% vs 3.44% in August), and electricity & gas supply (-4.93% vs 1.00%). Meanwhile, output growth eased for mining and quarrying (5.88% vs 13.14%) and water supply (3.97% vs 4.77%). On a seasonally adjusted monthly basis, industrial activity decreased by 5.52%, following a 0.92% contraction in August.
2022-10-24