Taiwan’s industrial production index turned negative in September, down 0.75% year-on-year
China News Agency Taipei October 23 Radio authorities “Ministry of Economy” data released on the 23rd showed that in September Taiwan’s industrial production index was 110.71, a year-on-year decrease of 0.75%, which is the seventh negative growth of the index in the past 12 months.
According to the Central News Agency, in the data released that day, the manufacturing production index was 111.10, a year-on-year decrease of 0.65%. It is reported that due to the slowdown of global economic growth, Taiwan ’s export orders and industrial production performance this year is not as good as last year; as the fourth quarter enters the peak shipping season, the future index may turn positive, but it is necessary to consider the progress of China-US trade negotiations Identify factors.
The agency also released some industry turnover statistics on the same day. Among them, the turnover of the wholesale industry in September was NT $ 880.7 billion, a year-on-year decrease of 2.1%, which has been a negative growth for two consecutive months; the retail and catering industry turnover increased by 2.7% and 1% year-on-year, respectively, and achieved 7 consecutive months of growth. (Finish)