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Taiwan: Industrial output growth remains buoyant in June
Latest reading: Industrial output grew 18.6% year on year in June (May: +22.1% yoy), driven chiefly by booming manufacturing output as rising global AI demand and front-loading ahead of future U.S. tariffs boosted IT and electronics sales.
On a seasonally adjusted monthly basis, industrial output fell 4.0% in June (May: +3.1% mom). Meanwhile, annual average industrial production growth rose to 14.7% in June (May: +14.2%). This signals an improving trend in the industrial sector.
