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Taiwan’s basic metal output up 4.05 percent in November from October

Thursday, 26 December 2024 10:37:36 (GMT+3)   |   Istanbul

Taiwan’s industrial production index in November this year increased by 1.78 percent compared to October and went up by 10.29 percent year on year, according to the country’s Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan’s seasonally adjusted industrial production index in the given month went up by 2.92 percent compared to the previous month and increased by 10.75 percent year on year.

In November, industrial output in the country’s basic metal manufacturing sector increased by 4.05 percent and output of metal product manufacturing grew by 7.94 percent, both compared to the previous month. In addition, on year-on-year basis, in the given month output of the basic metal manufacturing sector went up by 1.72 percent and output of the metal product manufacturing sector moved up by 5.57 percent.

Meanwhile, in November this year, production in Taiwan’s machinery and equipment industry was up by 7.96 percent, while output in the automotive industry decreased by 9.66 percent, both year on year.


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