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Taiwan Industrial Output Falls In December

Taiwan's industrial output fell in December, led by a slump in manufacturing, data from the Ministry of Economic Affairs showed on Wednesday.

Industrial output fell 1.22 percent year-on-year in December, after a rise of 2.36 percent in November. That was weaker than expected 0.35 percent.

Among sectors, manufacturing declined 1.45 percent annually, while mining and quarrying output logged a 5.24 percent gain. Water supply and electricity and gas supply went up 1.98 percent and 1.05 percent, respectively.

On a monthly basis, industrial production climbed 1.15 percent in December and by a seasonally adjusted 0.40 percent.

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