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Taiwan's basic metal output down 6.1 percent in April from March

Wednesday, 23 May 2018 17:34:44 (GMT+3)   |   Istanbul
       

Taiwan's industrial production index in April this year decreased by 10.5 percent compared to March and was up 8.5 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in April decreased by 3.01 percent compared to the previous month, while rising by 8.6 percent year on year.

In April this year, industrial output in the country's basic metal manufacturing sector fell by 6.1 percent and output of metal product manufacturing saw a decrease of 12.6 percent, both compared to the previous month. In addition, on year-on-year basis, in April this year output of the basic metal manufacturing sector remained almost stable and the metal product manufacturing sector saw a decline of 0.56 percent in output.

Meanwhile, in April this year, production in Taiwan's machinery and equipment industry rose by 9.5 percent, while output in the automotive industry was down by 6.04 percent, both year on year.


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