Taiwan's industrial production index in May this year increased by 1.99 percent compared to April and was up by 1.51 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in May fell by 0.9 percent compared to the previous month and advanced by 4.34 percent year on year.
In May this year, industrial output in the country's basic metal manufacturing sector was down by 2.16 percent and output of metal product manufacturing decreased by 8.31 percent, both compared to the previous month. In addition, on year-on-year basis, in May this year output of the basic metal manufacturing sector fell by 9.81 percent and output of the metal product manufacturing sector declined by 18.44 percent.
Meanwhile, in May this year, production in Taiwan's machinery and equipment industry contracted by 15.37 percent, while output in the automotive industry was down by 29.52 percent, both year on year.