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.
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.