empty
 
 

2019.05.2306:07:00UTC+00Taiwan Industrial Output Rises For First Time In 5 Months

Taiwan's industrial output rose for the first time in five months in April, defying expectations for a decline, data from the Ministry of Economic Affairs showed on Thursday.

Industrial output rose 1.04 percent year-on-year in April, after a 9.38 percent fall in March. Economists had expected a decline of 5 percent.

The latest increase was the highest since November last year, when the production was 2.59 percent.

Among sectors, electricity and gas supply grew by 2.68 percent and manufacturing output rose by 0.94 percent in April.

Meanwhile, production in mining and quarrying, and water supply decreased by 1.46 percent and 0.17 percent, respectively.

On a month-on-month basis, industrial production rose 5.49 percent in April, reversing a 4.35 percent decline in the previous month.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback