Semiconductors, steel drive rise in industrial output

HOLIDAY SPECIALS:The Ministry of Economic Affairs forecast that Christmas and New Year holiday demand would help boost wholesale sector revenue this month

Taipei Times
Date: Nov 24, 2016
By: Lauly Li / Staff reporter

The nation’s industrial production index climbed by 3.07 percent last month from the same period last year, driven by rising output of semiconductors, steel and petrochemical goods, the Ministry of Economic Affairs said yesterday.

The result marked the third consecutive month of annual expansion in industrial production, the ministry’s data showed.

That brought the industrial production index swinging back into positive territory for the first 10 months of this year to an increase of 0.21 percent from the same period last year.

“We are optimistic that overall industrial production this year can grow from last year,” Department of Statistics Deputy Director-General Wang Shu-chuan (王淑娟) told a news conference.    [FULL  STORY]

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