CONSUMER-FACING: Sales in the retail sector rose 1.2 percent, while revenue in the food and beverage sector grew 2.9 percent — their best annual increases since 1953
Taipei Times
Date: Jan 24, 2018
By: Lauly Li / Staff reporter
The nation’s industrial output last month expanded by 1.2 percent annually, bringing last year’s industrial production index to a record high of 109.63, up 2.9 percent, the Ministry of Economic Affairs said yesterday.
The manufacturing sector index, which contributed more than 92 percent to industrial output, last year gained 3.74 percent annually to 111.42, its highest level since records started in 1953, the ministry said.
“The continued recovery of the global economy benefited the nation’s manufacturing sector last year,” Department of Statistics Deputy Director-General Wang Shu-chuan (王淑娟) told a news conference in Taipei.
Last month, the manufacturing sector grew 0.93 percent annually, the 20th consecutive month of annual expansion, ministry data showed. [FULL STORY]