Taiwan's basic metal output down 6.82 percent in June from May

Tuesday, 30 July 2019 16:53:11 (GMT+3)   |   Istanbul

Taiwan's industrial production index in June this year decreased by 1.4 percent compared to May and was down by 0.39 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in June increased by 0.76 percent compared to the previous month and was up by 0.79 percent year on year.

In June this year, industrial output in the country's basic metal manufacturing sector was down by 6.82 percent and output of metal product manufacturing decreased by 9.17 percent, both compared to the previous month. In addition, on year-on-year basis, in June this year output of the basic metal manufacturing sector decreased by 9.79 percent and the metal product manufacturing sector fell by 9.41 percent in output.

Meanwhile, in June this year, production in Taiwan's machinery and equipment industry decreased by 20 percent, while output in the automotive industry was down by 2.33 percent, both year on year.

DemetKazdal
Demet Kazdal
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After graduating from Boğaziçi University with a degree in English Language and Literature, I have spent the past 15 years developing deep expertise in the steel industry. At SteelOrbis, I serve as Head of Content Department. I write and edit comprehensive news and reports on steel markets, with a primary focus on the Turkish market as well as global market dynamics.

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