Industrial production in Taiwan increased by 11.78% year-on-year in May 2026, slowing from an upwardly revised 14.94% in April and marking the weakest expansion since January 2025. Growth in manufacturing output eased to 12.68% from 16.01% in the previous month, with notable slowdowns in pulp, paper and paper products (0.87% vs 4.73%), computers, electronic and optical products (36.62% vs 83.65%), and machinery and equipment (10.68% vs 16.33%).
At the same time, output in electricity and gas supply declined further (-1.29% vs -1.08%), while the contraction in mining and quarrying narrowed slightly (-7.61% vs -8.71%). In contrast, water supply output accelerated, rising 3.54% compared with a 2.73% increase in April.
On a seasonally adjusted monthly basis, industrial production rose 1.55% in May, following an upwardly revised 0.93% gain in April and registering its strongest monthly increase since February.
