Taiwan's industrial production growth rebounded sharply at the end of the first quarter, while retail sales increased for the second straight month, separate reports from the Ministry of Economic Affairs showed on Thursday.
Industrial production surged 28.68 percent year-on-year in March, much faster than the 16.63 percent growth in February.
Among sectors, the annual growth in manufacturing output quickened to 30.73 percent from 18.34 percent. Meanwhile, the contraction in the mining and quarrying sector eased to 10.56 percent from 14.32 percent. Similarly, utility sector production fell at a slower pace of 1.77 percent versus a 10.17 percent decline a month ago.
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