Taiwan’s industrial output growth moderated at the end of the year, preliminary data from the Ministry of Economic Affairs showed Tuesday.
Industrial production climbed 1.2 percent year-over-year in November, slower than November’s 1.34 percent rise, which was revised up from a 0.85 percent increase reported earlier.
That was in line with economists’ expectations.
Among sectors, manufacturing production registered a moderate expansion of 0.93 percent annually in December, while mining and quarrying production declined by 3.34 percent.
On a monthly basis, industrial production increased a seasonally adjusted 0.57 percent from November, when it grew by 1.0 percent.
The material has been provided by InstaForex Company – www.instaforex.com
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