Taiwan (Province of China) - Industrial Production





Taiwan (Province of China): Industrial Production

Mnemonic IP.ITWN
Unit Index 2016=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 28.01 %
Data Mar 2021 136.16
Feb 2021 106.37

Series Information

Source Ministry of Economic Affairs (MOEA) Republic of China
Release Industrial Production/Export Orders
Frequency Monthly
Start Date 1/31/1996
End Date 3/31/2021

Taiwan (Province of China): Business

Reference Last Previous Units Frequency
Industrial Production Mar 2021 136.16 106.37 Index 2016=100, NSA Monthly
Change in Inventories 2020 Q4 -48,633 -57,541 Mil. TWD, NSA Quarterly
Real Change in Inventories 2020 Q4 -50,900 -60,697 Mil. Ch. 2016 TWD, NSA Quarterly

Release Information

For Taiwan (China), an index of the quantities of production in mining, manufacturing, electricity, water, and construction. Monthly from 1996, and from 1968 for detailed manufacturing.

Active:

  • Classification: ISIC Rev. 4
  • Measurement: Fixed-base index relative to 2021 (Index 2021=100)
  • Adjustments:
    • Seasonally adjusted (SA) for total only
    • Not seasonally adjusted (NSA) for most
  • Native frequency: Monthly
  • Start date: As early as 1982m1

Predecessors:

  • 2016=100 - 1982m1 to 2023m3 ("_16")
  • 2011=100 - 1968m1 to 2018m3 ("_11")
  • 2006=100 - 2007m4 to 2013m3 ("06")
  • 2001=100 - 2001m2 to 2008m3 ("01")

Data are disseminated on the Production Index, a Laspeyres index (2006=100) which covers the manufacturing, mining and quarrying, electricity and gas supply, water supply, and buildings construction industries.

The data are obtained primarily from the Current Production Statistics Survey which covers approximately 2,500 commodities surveyed each month at establishments and companies in the mining and manufacturing sectors

The index uses production weighted by unit net value of selected products.

Value-added values are obtained from the Factory Registration Update Survey conducted in 2005.

The dataset is categorized using the 2011 edition of the "Classification of Industrial Products," published by the Ministry of Economic Affairs, with major divisions and major sectors.

Movement of manufacturing production index = (The ratio of firms that expect increasing next month + The ratio of firms that expect unbiased next month × 0.5)×100

Timeliness

Preliminary data are released on the 23st day of each month.

The index is rebased and the weights are revised every fifth year.

  • 29 Dec 2022, Phillip Thorne - Properties.
  • 24 May 2023, Phillip Thorne - IPI rebased from 2018 to 2023: Properties.