Taiwan's industrial production index in August this year decreased by 4.63 percent compared to July and was down 5.46 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in August decreased by 1.66 percent compared to the previous month and fell by five percent year on year.
In the first eight months of this year, Taiwan's seasonally adjusted industrial production index increased by 1.14 percent year on year.
In August of the current year, industrial output in the country's basic metal manufacturing sector decreased by 5.03 percent and output of metal product manufacturing decreased by 8.81 percent, both compared to the previous month. In addition, on year-on-year basis, in August this year output of the basic metal manufacturing sector decreased by 9.2 percent and the metal product manufacturing sector saw a decrease of 7.69 percent in output.
Meanwhile, in August this year, production in Taiwan's machinery and equipment industry fell by 9.12 percent, while output in the automotive industry was down by 9.47 percent, both year on year.