LOGO
LOGO

Asian Economic News

Taiwan Industrial Output Growth Quickens, Retail Sales Fall

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Taiwan's industrial production growth rebounded sharply in February, while retail sales fell for the first time in four months, separate reports from the Ministry of Economic Affairs showed on Tuesday.

Industrial production advanced 17.91 percent yearly in February, much faster than the 4.87 percent growth in January.

Among the main sectors, the annual growth of manufacturing output accelerated to 18.95 percent from 5.30 percent, while mining and quarrying production rebounded by 1.97 percent. Data showed that the electricity and gas supply segment logged a marginal contraction of 0.86 percent.

Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial - No Payment Required
Already subscribed? Sign in

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.

Global Economics Weekly Update - Jun 08-12, 2026

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.