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Taiwan November manufacturing production index hits record

Taiwan recorded manufacturing production index (2016 as base year) of 124.97 for November 2020, hitting the highest monthly level by increasing 1.94% sequentially and 8.19% on year, according to the Ministry of Economic Affairs (MOEA).

Based on MOEA's sample survey, 13.4% of companies across all manufacturing sectors expected output in December 2020 to grow sequentially, 72.1% expected no changes, and 14.5% expected decreases.

MOEA: Taiwan manufacturing production index, November 2020

 

Nov 2020

M/M

Y/Y

Jan-Nov 2020 avg

Y/Y

All manufacturing

124.97

1.94%

8.19%

115.53

6.97%

IC and related

169.30

2.18%

17.86%

152.39

28.53%

TFT-LCD panel and components

116.85

(0.36%)

11.69%

107.01

4.24%

Computers, electronics and optical products

176.56

(1.12%)

4.16%

163.71

10.70%

Source: MOEA, compiled by Digitimes, December 2020

By DIGITIMES

Link:https://www.digitimes.com/news/a20201223PR201.html

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