Industry in Taiwan

Taiwan Industry | Economic News & Forecasts

Taiwan - Industry

Industrial production nearly flatlines in June

Industrial output weakened notably in June, expanding a mere 0.4% over the previous year, down from May’s upwardly revised 7.6% increase (previously reported: +7.1% year-on-year).

The weaker print in June was primarily driven by softer manufacturing output—which represents more than 90% of total industrial production—on the back of a slowdown in the production of electrical parts and components. The manufacturing sector grew 0.7% in annual terms in June, down from the revised 7.9% expansion logged in May (previously reported: +7.2% yoy). Moreover, the mining and quarrying sector posted its ninth consecutive contraction in June, and electricity and gas supply also declined. Meanwhile, water supply activity accelerated.

On a seasonally-adjusted month-on-month basis, industrial output contracted 2.7% in June, contrasting May’s revised 1.7% expansion (previously reported: +1.3% month-on-month). Annual average growth in industrial production decreased to 4.1% in June from 4.4% in May.

Analysts participating in the FocusEconomics Consensus Forecast expect industrial production to expand 3.6% in 2018, which is unchanged from last month’s forecast. For 2019, participants expect industrial output to grow 3.0%.

Taiwan - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)3.2  6.4  -1.3  2.0  5.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Taiwan Industry Chart

Taiwan Industry
Note: Annual variation of industrial production in %.
Source: Directorate-General of Budget, Accounting & Statistics and FocusEconomics calculations.

Taiwan Facts

Bond Yield0.821.28 %Aug 15
Exchange Rate30.890.07 %Aug 15
Stock Market10,7170.37 %Aug 15

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.


Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form