Focus Taiwan
Date: 2017/12/22
By: Liao Yu-yang and Frances Huang
Taipei, Dec. 22 (CNA) Taiwan’s industrial production grew for the seventh consecutive
CNA file photo
month in November from a year earlier, boosted by strong global demand as the world economy continues on the path of recovery, the Ministry of Economic Affairs (MOEA) said Friday.
The MOEA said the industrial production index for November rose 0.85 percent from a year earlier to 112.33. That was lower, however, than the year-on-year increase of 2.55 percent in October.
On a month-on-month basis, Taiwan’s industrial production in November was up 0.38 percent in nominal terms and up 0.61 percent after seasonal adjustments, the MOEA said.
The sub-index of the manufacturing sector, which accounts for more than 90 percent of Taiwan’s industrial production, grew 1.16 percent from a year earlier in November after a 3.10 percent year-on-year rise in October. [FULL STORY]
