Taiwan's industrial production index in October this year increased by 4.35 percent compared to September and was up by 8.25 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in October rose by 1.05 percent compared to the previous month and advanced by 6.09 percent year on year.
In October this year, industrial output in the country's basic metal manufacturing sector was up by 2.9 percent and output of metal product manufacturing increased by 9.6 percent, both compared to the previous month. In addition, on year-on-year basis, in October this year output of the basic metal manufacturing sector rose by 11.57 percent and the metal product manufacturing sector grew by 6.99 percent in output.
Meanwhile, in October this year, production in Taiwan's machinery and equipment industry surged by 11.79 percent, while output in the automotive industry was down by 0.8 percent, both year on year.