Industrial production in Taiwan decreased at a slower pace in May, final data released by the Ministry of External Affairs showed Monday.
Industrial production decreased 0.21 percent on an annual basis in May, slower than the 1.78 percent decline seen in April. In March, output decreased 3.43 percent. Economists were looking for a 2.5 percent decline.
Production in the manufacturing industry dropped 0.37 percent year-on-year, after falling 2.02 percent in the previous month. Mining and quarrying production, meanwhile, rose 5.10 percent annually, while output of electricity and gas edged up 0.63 percent, data showed.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.