Taiwan's basic metal output up 1.49 percent in January-May

Taiwan's industrial production index in May this year increased by 5.19 percent as compared to May 2013 and was up 4.51 percent month on month, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in May increased by 5.94 percent compared to the same month of 2013.
 
In the first five months of this year, Taiwan's seasonally adjusted industrial production index increased by 3.61 percent year on year.
 
In May of the current year, industrial output in the country's basic metal manufacturing increased by 9.7 percent and output of metal product manufacturing increased by 4.68 percent, both compared with May 2013. In addition, on month-on-month basis, in May this year the basic metal manufacturing sector saw an increase of 0.69 percent in output and the metal product manufacturing sector saw an output decrease of 0.58 percent. In the first five months, a 1.49 percent year-on-year increase was recorded in Taiwan's basic metal manufacturing output, while the fabricated metal product output index indicated an increase of 3.38 percent, both year on year.
 
Meanwhile, in May this year, production in Taiwan's machinery and equipment industry increased by 3.53 percent, output in the automotive industry rose by 12.72 percent, while production in the Taiwanese construction sector increased by 30.31 percent, all year on year.