Cityscape at night in Taiwan

Taiwan Industrial production September 2022

Taiwan: Industrial activity drops at sharpest pace since March 2019 in September

Industrial production fell 4.8% year on year in September (August: +3.3% yoy). September’s result marked the worst reading since March 2019 and was far weaker than market expectations. The soft reading was likely due to easing global economic momentum—particularly in China. The result largely reflected falls in manufacturing and energy production. In addition, water supply and mining production lost pace.

On a monthly basis, factory output plummeted 5.5% in seasonally adjusted terms in September, which was far greater than Augusts 0.9% fall and marked the worst result since March. Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at 5.0%, down from August’s 6.5% reading.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest