Taiwan's industrial production increased from last year in August, defying economists' forecast for a modest decline, data released by the Ministry of Economic Affairs showed Monday.
Industrial production increased 1.89 percent on an annual basis in August, while economists were looking for a 0.44 percent contraction.
Production in the manufacturing sector increased 1.8 percent annually, while mining and quarrying output rose 6.04 percent. Meanwhile, output of electricity and gas was lower by 0.03 percent from a year earlier, and water supply by 1.87 percent.
Month-on-month, industrial production moved up a seasonally adjusted 0.23 percent in August. In the eight months ended August, production declined 1.98 percent from the corresponding period a year earlier, data showed.
Separately, the agency said Taiwan's commercial sales, which refer to wholesale, retail and catering industry turnover, decreased 1.2 percent year-on-year in August. On a monthly basis, overall sales, on an unadjusted basis, declined 2 percent.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.