Taiwan: Industrial output growth picks up pace in November
Industrial output rose 7.8% in November (October: +6.4% yoy). November’s upturn was primarily due to a pick-up in manufacturing, and electricity and gas supply output.
On a seasonally-adjusted monthly basis, factory output rose 1.3% in November (October: -1.1% mom). Meanwhile, the trend improved, with the annual average growth of industrial production coming in at plus 6.8%, up from October’s 6.3%.