FOREX TradingCharts.com

Financial News: Taiwan Industrial Output Falls; Retail Sales Growth Accele

Taiwan Industrial Output Falls; Retail Sales Growth Accelerates

03/25/2024 - 05:59:00 (RTTNews)

(RTTNews) - Taiwan's industrial production decreased in February after recovering sharply in the previous month, preliminary data from the Ministry of Economic Affairs showed on Monday.

Separate official data showed that retail sales expanded at the fastest pace in eight months.

Industrial production fell 1.1 percent year-on-year in February, reversing a revised 15.6 percent surge in January.

Among the main sectors, mining and quarrying output declined the most, by 9.8 percent annually in February, followed by that of manufacturing with a 1.2 percent fall.

Data showed that the output produced in the utility sector advanced by 0.78 percent in February, and the water supply segment rose by 2.52 percent.

On a month-on-month basis, industrial production climbed a seasonally adjusted 3.51 percent from January, when it rose by 1.0 percent.

Another report from the statistical office showed that annual retail sales growth accelerated to an eight-month high of 9.3 percent in February from 0.3 percent in January.

Sales of food, beverages, and tobacco in specialised stores alone rebounded 10.91 percent, and those of textiles and clothing in specialised stores jumped by 24.2 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Malaysian Economic Growth Fastest In A Year (06 hr(s), 20 min(s), 40 sec(s) ago)
(RTTNews) - Malaysia's economic expansion accelerated in the first quarter, driven by positive ...Full Story»

Greece Current Account Deficit Widens (07 hr(s), 03 min(s), 40 sec(s) ago)
(RTTNews) - Greece's current account deficit increased in February from a year ago due to a de ...Full Story»

Spain Trade Gap Narrows Slightly (07 hr(s), 55 min(s), 40 sec(s) ago)
(RTTNews) - Spain's foreign trade deficit decreased somewhat in February from a year ago as im ...Full Story»

UK Retail Sales Stable In March (09 hr(s), 28 min(s), 40 sec(s) ago)
(RTTNews) - UK retail sales were unchanged on a month-on-month basis in March, defying expectation ...Full Story»

Italy Construction Output Falls 3.9% (09 hr(s), 42 min(s), 40 sec(s) ago)
(RTTNews) - Italy's construction output decreased for the first time in five months in Februar ...Full Story»

German Producer Prices Fall At Slower Pace In March (11 hr(s), 43 min(s), 40 sec(s) ago)
(RTTNews) - Germany's producer prices continued to decline in March, though at the slowest pac ...Full Story»

Japan Inflation Data Due On Friday (42 min(s), 20 sec(s) ago)
(RTTNews) - Japan will on Friday release March national figures for consumer prices, highlighting ...Full Story»

Treasury Reveals Details Of Two-Year, Five-Year & Seven-Year Note Auctions (01 hr(s), 51 min(s), 40 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Malaysian Economic Growth Fastest In A Year

04/19/2024 - 08:00 AM (RTTNews)
(RTTNews) - Malaysia's economic expansion accelerated in the first quarter, driven by positive ...Full Story>>

Greece Current Account Deficit Widens

04/19/2024 - 07:17 AM (RTTNews)
(RTTNews) - Greece's current account deficit increased in February from a year ago due to a de ...Full Story>>

Spain Trade Gap Narrows Slightly

04/19/2024 - 06:25 AM (RTTNews)
(RTTNews) - Spain's foreign trade deficit decreased somewhat in February from a year ago as im ...Full Story>>

UK Retail Sales Stable In March

04/19/2024 - 04:52 AM (RTTNews)
(RTTNews) - UK retail sales were unchanged on a month-on-month basis in March, defying expectation ...Full Story>>

Italy Construction Output Falls 3.9%

04/19/2024 - 04:38 AM (RTTNews)
(RTTNews) - Italy's construction output decreased for the first time in five months in Februar ...Full Story>>

Do not sell my personal information

Copyright © 2024. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.