Taiwan's industrial production index in October this year increased by 3.03 percent compared to September and was down 6.15 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in October increased by 0.67 percent compared to the previous month and fell by 5.52 percent year on year.
In the first ten months of this year, Taiwan's seasonally adjusted industrial production index decreased by 0.21 percent year on year.
In October of the current year, industrial output in the country's basic metal manufacturing sector increased by 1.13 percent and output of metal product manufacturing saw a slight decline of 0.07 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 13.52 percent and the metal product manufacturing sector saw a decrease of 12.01 percent in output.
Meanwhile, in October this year, production in Taiwan's machinery and equipment industry fell by 14.29 percent, while output in the automotive industry was down by 1.11 percent, both year on year.