Taiwan Industrial Production Growth Remains Lackluster

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Taiwan's industrial production continued its modest growth in September, preliminary figures from the Ministry of Economic Affairs showed on Tuesday.

Industrial production grew 1.54 percent year-on-year following a revised 1.07 percent growth in August. Economists had expected 1.60 percent growth. Production rose 4.69 percent in July.

Manufacturing output increased 2 percent after a 1.53 percent rise in the previous month. Mining and quarrying output dropped for a thrid straight month, down 9.97 percent.

Electricity and gas supply output shrunk 3.09 percent and water supply decreased 0.25 percent.

On a month-on-month basis, industrial production grew 2.25 percent in September after a 0.55 percent increase in the previous month.
 
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