TALL ORDER: Next year’s industrial output figures would be challenged by this year’s performance, which set a high comparison base by bucking cyclical trends

Taipei Times
Date: Dec 25, 2018
By: Ted Chen  /  Staff reporter

The nation’s industrial production last month declined from the previous month due to US-China trade tensions, but rose on an annual basis thanks to peaking global demand, the Ministry of Economic Affairs said yesterday.

Industrial output last month fell 4.42 percent from the previous month.

However, indices tracking the nation’s industrial production rose 2.09 percent from a year earlier to 111.3. Still, the annual expansion was lower than the previous month’s 8.32 percent, Department of Statistics data showed.

The output of the manufacturing sector, which accounts for more than 90 percent of total industrial production, dropped 4.35 percent monthly, but rose 2.23 percent annually.    [FULL  STORY]