Taiwan's basic metal output down 4.1 percent in January from December

Friday, 24 February 2017 17:13:44 (GMT+3)   |   Istanbul
       

Taiwan's industrial production index in January this year decreased by 6.5 percent compared to December and was up 2.8 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in January increased 4.3 percent compared to the previous month, while rising by 11.9 percent year on year.
 
In January this year, industrial output in the country's basic metal manufacturing sector fell by 4.1 percent and output of metal product manufacturing saw a decrease of 11.6 percent, both compared to the previous month. In addition, on year-on-year basis, in January this year output of the basic metal manufacturing sector grew by 3.9 percent and the metal product manufacturing sector saw a decrease of three percent in output. 
 
Meanwhile, in January this year, production in Taiwan's machinery and equipment industry rose by 4.4 percent, while output in the automotive industry was down by 13.8 percent, both year on year.

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