Taiwan Industry

Industrial production loses momentum in April

Latest reading: Industrial production rose 14.2% on a year-on-year basis in April, following 26.1% growth in the prior month. April's reading was the weakest since March 2025 but was still extremely elevated when looking at a ten-year time horizon. The big picture is that the Taiwanese industrial sector remains buoyed by booming manufacturing output as rising global AI demand drives IT and electronics sales. Relative to the prior month's figures, the reading for manufacturing softened in April (+15.1% in annual terms vs +28.0% in March). In contrast, readings improved for electricity and gas supply (-0.5% vs -2.4% in March), water supply (+2.7% vs -0.1% in March) and mining and quarrying (-9.4% vs -9.7% in March). On a seasonally adjusted month-on-month basis, industrial production rose 0.5% in April, following a flat reading in the previous month.

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