Industrial production increasesGROWTH RUN CONTINUES: A statistics official said that there was a monthly dip in industrial production last month, likely due to supply chain issues and parts shortagesBy Angelica Oung / Staff reporterIndustrial production in Taiwan last month increased 11.25 percent year-on-year — the 21st consecutive month of annual growth — but decreased 2.36 percent month-on-month, the Ministry of Economic Affairs said yesterday. The ministry uses industrial production to gauge output in the nation’s five main industries: manufacturing, mining and quarrying, electricity and gas supply, water supply and architecture engineering. Manufacturing, which contributes 90 percent of overall industrial production, increased 17.28 percent year-on-year last month, rising for the 21st consecutive month, the ministry said. Photo: Wang Han-ping, Taipei Times“We did see a monthly dip in industrial production last month, likely due to supply chain disruptions and an ongoing parts shortage in the electronics sector,” Department of Statistics Deputy Director-General Huang Wei-jie (黃偉傑) said. In the first 10 months of this year, industrial production rose by 13.75 percent compared with the same period last year on continued strong demand for tech and non-tech products, the ministry said.

Source: Taipei Times November 23, 2021 19:00 UTC