Industry in Taiwan
Taiwan - Industry
Industrial production modestly rebounds in April
Industrial output increased 1.0% year-on-year in April, contrasting the 9.4% year-on-year decline logged in March—the worst fall in the production index since January 2012.Output in the manufacturing sector—which represents more than 90% of total industrial production—rose 0.9% in April, contrasting the 10.0% fall registered in March. The print came on the back of a strong recovery in the production of investment and consumer goods, while, on the other hand, output of industrial goods continued to contract. Output in the mining and quarrying, and electricity and gas sectors increased in the month, while conversely water supply fell.On a seasonally-adjusted month-on-month basis, industrial output expanded 5.5% in April, contrasting the 4.4% contraction logged in March. Annual average growth in industrial production meanwhile tumbled from 1.8% for the 12 months up to March to 1.1% in April.
FocusEconomics Consensus Forecast panelists expect industrial production to expand 1.1% in 2019, which is down 0.7 percentage points from last month’s forecast. For 2020, participants expect industrial output to grow 3.1%.
Taiwan - Industry Data
|Industrial Production (annual variation in %)||3.2||6.4||-1.3||2.0||5.0|
5 years of economic forecasts for more than 30 economic indicators.
Taiwan Industry Chart
Source: Directorate-General of Budget, Accounting & Statistics and FocusEconomics calculations.
|Bond Yield||0.70||1.28 %||Jun 20|
|Exchange Rate||30.97||0.07 %||Jun 20|
|Stock Market||10,785||0.37 %||Jun 20|
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June 10, 2019
Merchandise exports fell 4.8% in annual terms in May, worsening from the 3.3% contraction registered in April and marking the seventh consecutive month of decline in Taiwan’s trade sector.
June 5, 2019
Consumer prices rose 0.15% in May from the previous month, down from the 0.75% increase logged in April.
June 3, 2019
Operating conditions in the Taiwanese manufacturing sector continued to deteriorate in May for the eighth month running, though at a marginally slower pace than in April.
May 23, 2019
Industrial output increased 1.0% year-on-year in April, contrasting the 9.4% year-on-year decline logged in March—the worst fall in the production index since January 2012.Output in the manufacturing sector—which represents more than 90% of total industrial production—rose 0.9% in April, contrasting the 10.0% fall registered in March.
May 7, 2019
Consumer prices rose 0.75% in April from the previous month, contrasting the 0.62% decline logged in March.