Taiwan's industrial production index in January this year decreased by 3.3 percent compared to December and was down 5.7 percent year on year, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally adjusted industrial production index in January decreased 0.46 percent compared to the previous month, while falling by 3.9 percent year on year.
In January this year, industrial output in the country's basic metal manufacturing sector increased by 7.96 percent and output of metal product manufacturing saw a decline of 8.02 percent, both compared to the previous month. In addition, on year-on-year basis, in January year output of the basic metal manufacturing sector decreased by 6.9 percent and the metal product manufacturing sector saw a decrease of 8.9 percent in output.
Meanwhile, in January this year, production in Taiwan's machinery and equipment industry fell by 14.9 percent, while output in the automotive industry was down by 9.9 percent, both year on year.