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Taiwan Industrial Output Growth Accelerates; Retail Sales Rise Further

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

Taiwan's industrial production growth accelerated in December to the highest level in seven months, while retail sales increased for the third straight month, separate reports from the Ministry of Economic Affairs showed on Friday.

Industrial production advanced 21.57 percent yearly in December, faster than the 15.82 percent growth in November.

Further, this was the strongest growth since May, when production had risen 22.1 percent.

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