Taiwan's industrial production index in February this year decreased by 14.46 percent compared to January and was down 3.65 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in February increased 0.32 percent compared to the previous month, while falling by 5.17 percent year on year.
In the first two months of this year, Taiwan's seasonally adjusted industrial production index decreased by 4.67 percent year on year.
In February this year, industrial output in the country's basic metal manufacturing sector decreased by 6.57 percent and output of metal product manufacturing saw a decline of 22.04 percent, both compared to the previous month. In addition, on year-on-year basis, in February this year output of the basic metal manufacturing sector increased by 2.61 percent and the metal product manufacturing sector saw a decrease of 6.59 percent in output.
Meanwhile, in February this year, production in Taiwan's machinery and equipment industry fell by 12.4 percent, while output in the automotive industry was down by 7.84 percent, both year on year.