Taiwan’s industrial production down for 2nd straight month

Focus Taiwan
Date: 2019/02/26
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]

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