Taiwan's industrial production index in October this year increased by 2.5 percent compared to September and was down by 2.9 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in October decreased by 0.03 percent compared to the previous month and by 3.8 percent year on year.
In October this year, industrial output in the country's basic metal manufacturing sector was up by 0.96 percent and output of metal product manufacturing increased by 3.8 percent, both compared to the previous month. In addition, on year-on-year basis, in October this year output of the basic metal manufacturing sector decreased by 14.2 percent and the metal product manufacturing sector fell by 11.9 percent in output.
Meanwhile, in October this year, production in Taiwan's machinery and equipment industry decreased by 18.7 percent, while output in the automotive industry was up by 0.2 percent, both year on year.