Taiwan’s industrial production index in March this year increased by 26.35 percent compared to the previous month and rose by 28.68 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 increased by 1.62 percent month on month and by 26.07 percent year on year.
In the given month, industrial output in the country’s basic metal manufacturing sector increased by 41.8 percent and output of metal product manufacturing increased by 40.42 percent, both compared to the previous month. In addition, on year-on-year basis, in March output of the basic metal manufacturing sector was up by 5.54 percent and output of the metal product manufacturing sector increased by 1.39 percent.
Meanwhile, in March, production in Taiwan’s machinery and equipment industry rose by 7.48 percent, while output in the automotive industry moved up by 0.10 percent, both year on year.
