Taiwan industrial output hits record high in July

0

Taiwan’s industrial production index gained 6.08 percent year-on-year to a record 112.26 points in July on the back of growth in manufacturing and utilities, according to the Ministry of Economic Affairs (MOEA) on Monday. “Output has risen six months in a row, showing the country’s industrial sector is recovering at a steady pace,” MOEA Department of Statistics Deputy Director-General Yang Kuei-hsien said. Among the five subindexes, manufacturing, which accounts for about 93 percent of the weighting, gained 6.77 percent year on year to a record 112.27, while electricity and gas supply also increased 5.75 percent. But construction and mining and quarrying posted double digit declines.

Advertisements

TAIWAN TODAY

Share.
loading...
Loading...

Please follow our commenting guidelines.

Comments are closed.