Taiwan's industrial production index in November this year climbed by 5.85 percent as compared to November 2011, after rising by a revised 4.8 percent year on year in October, and was down 1.4 percent month on month, according to the country's Ministry of Economic Affairs (MOEA). In November, Taiwan's monthly industrial output increased for the fifth straight month on year-on-year basis.
In November this year, industrial output in basic metal manufacturing increased by 7.2 percent and output of metal product manufacturing surged by 2.3 percent, both compared with November 2011. However, the two sector saw four percent and 0.2 percent declines respectively on month-on-month basis. The respective decrease rates in the January-November period were registered at 5.2 percent and four percent year on year.
Meanwhile, in November, production in Taiwan's machinery and equipment industry fell by 7.8 percent, output in the automotive industry decreased by 2.2 percent, while production in the Taiwanese construction sector increased by 35 percent, all compared to November 2011.