Taiwan’s basic metal output down 6.3 percent in June from May

Monday, 24 July 2023 14:05:07 (GMT+3)   |   Istanbul

Taiwan’s industrial production index in June this year decreased by 1.4 percent compared to May and by 16.63 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 decreased by 0.68 percent compared to the previous month and by 16.22 percent year on year.

In June, industrial output in the country’s basic metal manufacturing sector fell by 6.3 percent and output of metal product manufacturing decreased by 5.1 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 dropped by 17.41 percent and output of the metal product manufacturing sector moved down by 8.26 percent.  

Meanwhile, in June this year, production in Taiwan’s machinery and equipment industry was down by 17.51 percent, while output in the automotive industry went down by 2.42 percent, both year on year.

BoraKadıoğlu
Bora Kadıoğlu
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I graduated from Boğaziçi University with a degree in Translation and Interpreting Studies. I have been working in the iron and steel sector for three years as a content specialist at SteelOrbis, mainly focusing on plant investments, steelmaking technology, and import/export statistics.

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