Focus Taiwan
Date: 2018/05/23
By: Liao Yu-yang and Frances Huang
Taipei, May 23 (CNA) Taiwan’s industrial production for April rose 8.53 percent from a year
CNA file photo
earlier as sustained global economic growth boosted demand for the products of Taiwan’s export-oriented manufacturers, the Ministry of Economic Affairs (MOEA) said.
The MOEA said the industrial production index in April was 102.94, up 8.53 percent from a year earlier, marking the 2nd time in as many months it registered a year-on-year increase.
The only month in which it fell sharply was in February, when there were fewer working days during the month than a year earlier because the Lunar New Year holiday fell in February this year rather than in late January.
The sub-index for the manufacturing sector, which accounts for more than 90 percent of the country’s total industrial production, rose 9.07 percent from a year earlier to 103.52, the MOEA said. [FULL STORY]
