Taiwan’s basic metal output down 10.24 percent in August from July

Friday, 23 September 2022 14:10:07 (GMT+3)   |   Istanbul
       

Taiwan’s industrial production index in August this year increased by 3.65 percent compared to July and by 3.68 percent year on year, according to the country’s Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan’s seasonally adjusted industrial production index in the given month declined by 0.64 percent compared to the previous month and was up by 2.87 percent year on year.

In August, industrial output in the country’s basic metal manufacturing sector moved down by 10.24 percent and output of metal product manufacturing rose by 2.25 percent, both compared to the previous month. In addition, on year-on-year basis, in the given month output of the basic metal manufacturing sector fell by 27.89 percent and output of the metal product manufacturing sector moved down by 11.66 percent.

Meanwhile, in August this year, production in Taiwan’s machinery and equipment industry was down by 3.02 percent, while output in the automotive industry advanced by 9.37 percent, both year on year.


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