Taiwan's industrial production index in August this year increased by 2.7 percent compared to July and was up 7.7 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in August increased 1.8 percent compared to the previous month, while rising by 5.8 percent year on year.
In the January-August period of this year, Taiwan's seasonally adjusted industrial production index decreased by 0.9 percent year on year.
In August this year, industrial output in the country's basic metal manufacturing sector rose by 0.4 percent and output of metal product manufacturing saw an increase of 6.4 percent, both compared to the previous month. In addition, on year-on-year basis, in August this year output of the basic metal manufacturing sector grew by 4.5 percent and the metal product manufacturing sector saw an increase of 9.7 percent in output.
Meanwhile, in August this year, production in Taiwan's machinery and equipment industry fell by 2.8 percent, while output in the automotive industry was up by 5.2 percent, both year on year.