By: Liao Yu-yang and Frances Huang
Taipei, Feb. 26 (CNA) Industrial production in Taiwan fell for the second consecutive month in January due to lower demand as a result of a global economic slowdown, the Ministry of Economic Affairs (MOEA) said Tuesday.
MOEA data showed that the industrial production index for January fell 1.86 percent from a year earlier to 106.55 after a 1.06 percent year-on-year decline in December.
The MOEA said the drop also reflected a relatively high comparison base over the same period of last year.
The sub-index for the manufacturing sector, which accounts for more than 90 percent of total industrial production, fell 1.92 percent from a year earlier to 107.43, the MOEA said. [FULL STORY]