Taiwan Industrial Production Output Growth Eases

Taiwan Industrial Production Output Growth Eases

Taiwan’s industrial production growth eased notably in April, data from the Ministry of Economic Affairs revealed Monday.

Industrial output climbed 3.51 percent year-on-year in April, slower than the 11.18 percent expansion seen in March. Nonetheless, this was the third consecutive increase in production.

Within total production, mining and quarrying output showed a strong expansion of 21.89 percent. Manufacturing output advanced 4.15 percent, slower than the 11.93 percent rise a month ago.

Meanwhile, electricity and gas supply fell 5.35 percent and water supply dropped 0.19 percent.

On a monthly basis, industrial production fell 7.4 percent and manufacturing output slid 7.62 percent in April.