Industrial production in Taiwan increased 7.06 percent year-on-year in October of 2020, following an upwardly revised 11.62 percent rise in September. Slower increases were seen in manufacturing (7.6 percent vs 12.2 percent); mining (3.5 percent vs 24.5 percent); electricity and gas supply (0.6 percent vs 4.2 percent) while water supply rose faster (1.6 percent vs 1 percent). On a monthly basis, industrial output shrank 1.4 percent. source: Ministry of Economic Affairs (MOEA), Taiwan
Industrial Production in Taiwan averaged 4.84 percent from 1997 until 2020, reaching an all time high of 75.71 percent in January of 2010 and a record low of -43.30 percent in January of 2009. This page provides the latest reported value for - Taiwan Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Taiwan Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Industrial Production in Taiwan is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Taiwan to stand at 3.10 in 12 months time. In the long-term, the Taiwan Industrial Production is projected to trend around 2.00 percent in 2021, according to our econometric models.