Taiwan's industrial production decreased from last year in June, defying economists' expectations for a modest increase, data released by the Ministry of External Affairs showed Monday
Industrial production decreased 2.44 percent on an annual basis in June, while economists were looking for a 0.5 percent increase.
Production in the manufacturing sector decreased 2.31 percent annually, while output of electricity and gas supply dropped by 4.32 percent. There was a 10.11 percent annual fall in construction industry during the month. Meanwhile, output in the mining and quarrying sector advanced 9.41 percent annually in June.
Month-on-month, production decreased 5.23 percent during the month, the agency said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.