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Taiwan's basic metal output down 6.9 percent in June from May

Tuesday, 24 July 2018 17:49:53 (GMT+3)   |   Istanbul
       

Taiwan's industrial production index in June this year decreased by 3.5 percent compared to May and was up by 0.4 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in June fell by 2.7 percent compared to the previous month, while increasing by 1.7 percent year on year.

In June this year, industrial output in the country's basic metal manufacturing sector was down by 6.9 percent and output of metal product manufacturing decreased by 5.7 percent, both compared to the previous month. In addition, on year-on-year basis, in June this year output of the basic metal manufacturing sector advanced by 6.2 percent and the metal product manufacturing sector contracted by four percent in output.

Meanwhile, in June this year, production in Taiwan's machinery and equipment industry rose by 9.2 percent, while output in the automotive industry was down by 10.2 percent, both year on year.


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