Taiwan's basic metal output up 17.1 percent in March from February

Wednesday, 24 April 2019 17:20:46 (GMT+3)   |   Istanbul
       

Taiwan's industrial production index in March this year increased by 20.71 percent compared to February and was down by 9.88 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in March declined by 4.87 percent compared to the previous month and fell by 8.59 percent year on year.

In March this year, industrial output in the country's basic metal manufacturing sector was up by 17.1 percent and output of metal product manufacturing increased by 32.53 percent, both compared to the previous month. In addition, on year-on-year basis, in March this year output of the basic metal manufacturing sector decreased by 5.03 percent and the metal product manufacturing sector fell by 10.52 percent in output.

Meanwhile, in March this year, production in Taiwan's machinery and equipment industry decreased by 17.90 percent, while output in the automotive industry was down by 14.59 percent, both year on year.


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