Taiwan's industrial production index in March this year increased by 24.8 percent compared to February and was down 3.57 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in March increased 0.8 percent compared to the previous month, while falling by 5.8 percent year on year.
In the first three months of this year, Taiwan's seasonally adjusted industrial production index decreased by 5.17 percent year on year.
In March this year, industrial output in the country's basic metal manufacturing sector rose by 14.79 percent and output of metal product manufacturing saw an increase of 44.2 percent, both compared to the previous month. In addition, on year-on-year basis, in March this year output of the basic metal manufacturing sector dropped by 4.2 percent and the metal product manufacturing sector saw a decrease of 2.42 percent in output.
Meanwhile, in March this year, production in Taiwan's machinery and equipment industry fell by 13.67 percent, while output in the automotive industry was down by 4.59 percent, both year on year.