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Taiwan’s basic metal output down 10.5 percent in June from May

Thursday, 25 July 2024 11:19:57 (GMT+3)   |   Istanbul
       

Taiwan’s industrial production index in June this year fell by 3.9 percent compared to May and went up by 13.2 percent year on year, according to the country’s Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan’s seasonally adjusted industrial production index in the given month went down by 0.3 percent compared to the previous month and was up by 16.1 percent year on year.

In June, industrial output in the country’s basic metal manufacturing sector decreased by 10.5 percent and output of metal product manufacturing declined by 6.7 percent, both compared to the previous month. In addition, on year-on-year basis, in the given month output of the basic metal manufacturing sector grew by 2.5 percent and output of the metal product manufacturing sector moved up by 1.9 percent.

Meanwhile, in June this year, production in Taiwan’s machinery and equipment industry was up by 3.3 percent, while output in the automotive industry decreased by 8.1 percent, both year on year.


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