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Taiwan Industrial Output Growth Improves; Retail Sales Rise Further

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

Taiwan's industrial production growth moderated somewhat in November, while retail sales increased for the second straight month, separate reports from the Ministry of Economic Affairs showed on Wednesday.

Industrial production advanced 16.42 percent yearly in November, faster than the 14.15 percent growth in October.

Among the main sectors, the annual growth of manufacturing output accelerated to 17.35 percent from 15.04 percent, while mining and quarrying production plunged 8.89 percent. Data showed that the electricity and gas supply segment logged a recovery of 2.37 percent.

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