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Taiwan's industrial production likely to bottom out in November

Taiwan's industrial production year on year in November, as expected by market consensus, is likely to come in at 5.5% as per the market consensus expectations, while previous month it stood at 6.2%. The export orders mi…

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Taiwan's industrial production year on year in November, as expected by market consensus, is likely to come in at 5.5% as per the market consensus expectations, while previous month it stood at 6.2%.

The export orders might have shown a drop furth in this month, the electronics might have pulled back with their weakness, which has high overseas production ratio.

"That aside, domestic industrial production probably continued to bottom out in November, benefiting from the improvement in demand for other goods", says Societe Generale in a research note.

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