Industrial production in Taiwan jumped 16.78 percent from a year earlier in March of 2021, following a downwardly revised 2.52 percent increase in the previous month. It was the 14th straight month of growth in industrial activity, as production quickened significantly in manufacturing (18.05 percent vs 3.29 percent), and rebounded for mining (9.45 percent vs -2.51 percent) and electricity & gas supply (2.17 percent vs -6.98 percent). Nevertheless, output continued to decline for water supply (-1.05 percent vs -1.55 percent). On a seasonally adjusted monthly basis, industrial production edged down 1.05 percent, after a downwardly revised 3.94 percent advance in the prior month. source: Ministry of Economic Affairs (MOEA), Taiwan
Industrial Production in Taiwan averaged 4.92 percent from 1997 until 2021, 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 May of 2021.
Industrial Production in Taiwan is expected to be 6.50 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 1.50 in 12 months time. In the long-term, the Taiwan Industrial Production is projected to trend around 2.00 percent in 2022, according to our econometric models.