FX.co ★ Taiwan Industrial Output Growth Strongest Since 2020

In April 2025, Taiwan's industrial production surged by 22.31% year-on-year, demonstrating significant growth compared to the revised 12.76% increase observed in the previous month. This represents the most substantial growth since February 2020. Manufacturing output expanded more rapidly, with a notable rise of 23.68% compared to 13.61% in March. The water supply sector saw modest growth, improving to 1.55% from 0.17%. Meanwhile, mining and quarrying showed a recovery with a 4.13% increase, reversing from a previous decline of 6.2%. The contraction in electricity and gas supply slowed, decreasing by 2.4% as opposed to 2.5% previously. On a seasonally adjusted basis, industrial production increased by 8.81% in April, bouncing back from a revised 1.21% decline seen in the prior month.