Taiwan's industrial production index in February this year decreased by 8.1 percent compared to January and was up 10.6 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in February decreased 6.1 percent compared to the previous month, while rising by 3.8 percent year on year.
In February this year, industrial output in the country's basic metal manufacturing sector rose by 0.4 percent and output of metal product manufacturing saw a decrease of 7.2 percent, both compared to the previous month. In addition, on year-on-year basis, in February this year output of the basic metal manufacturing sector grew by 11.5 percent and the metal product manufacturing sector saw an increase of 17.9 percent in output.
Meanwhile, in February this year, production in Taiwan's machinery and equipment industry rose by 15.5 percent, while output in the automotive industry was up by 19.7 percent, both year on year.