POSITIVE:For the whole of last year, the nation’s manufacturing production value fell 4.26% year-on-year to NT$12.31 trillion, bettering 2015’s 10.84% annual decline
Date: Feb 20, 2017
By: Staff writer, with CNA
In the fourth quarter of last year, the manufacturing sector ended a seven-quarter production value losing streak, largely on the back of a strong showing by the nation’s electronic components industry, the Ministry of Economic Affairs said on Saturday.
In the October-to-December period, the output of the manufacturing sector rose 5.72 percent year-on-year to NT$3.26 trillion (US$105.86 billion) following a 1.38 percent year-on-year decline in the third quarter, the ministry said.
However, for the whole of last year, the nation’s manufacturing production value fell 4.26 percent year-on-year to NT$12.31 trillion, an improvement from 2015’s 10.84 percent annual decline, the ministry said. [FULL STORY]