Industrial output in Taiwan increased 13.69 percent year-on-year in August of 2021, easing from an upwardly revised 14.36 percent rise in the previous month. It was the slowest increase in industrial activity in 6 months, due to a slowdown in manufacturing output growth (14.62 percent vs 15.52 percent in July) and a decline in mining and quarrying (-7.41 percent vs 1.73 percent).Meanwhile, production increased at a faster pace for electricity and water supply (4.39 percent vs 2.22 percent) and fell at a softer pace for water supply (-0.36 percent vs -1.11 percent). On a seasonally adjusted monthly basis, industrial production went down by 0.98 percent improving from a 1.32 percent fall in July source: Ministry of Economic Affairs (MOEA), Taiwan
Industrial Production in Taiwan averaged 5.14 percent from 1997 until 2021, 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 October of 2021.
Industrial Production in Taiwan is expected to be 13.00 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 4.00 percent in 2022 and 2.00 percent in 2023, according to our econometric models.