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Taiwan's industrial output drops in May

2019-06-25 14:23

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TAIPEI, June 25 (Xinhua) -- Industrial production index in Taiwan dropped to 108.02 in May, 3.05 percent lower than the previous year, according to the latest data released by the island's economic authorities.

The sub-index for the manufacturing sector, which accounts for 90 percent of the island's industrial output, dropped 3.01 percent from a year ago, while the sub-indexes for mining and civil engineering and water supply sectors lost 3.83 percent and 2.29 percent, respectively. The sub-index for the electricity and gas supply sector lost 3.79 percent.

Month on month, the index rose 3.68 percent in May, while the sub-index for the manufacturing sector increased by 3.28 percent.

After seasonal adjustment, the industrial production index in May dropped 0.65 percent from April, and the sub-index for the manufacturing sector shrank 1.77 percent.

For the first five months, industrial production went down 2.98 percent from the previous year, while the manufacturing output lost 3.12 percent.

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