The Ministry of Economic Affairs announced yesterday (23rd) that the industrial production index in July was 95.5, an annual increase of 12.3%, five consecutive reds, and double-digit growth for four consecutive months. Benefiting from the strong demand for AI and the surge in stocking of new electronic products, the industrial production index of the computer, electronic and optical products industry was 157.26, a new record high, with an annual increase of 32.21%. It is the main industry segment with the largest rebound. However, the basic metals, automobiles and parts industries in terms of transmission of production showed negative growth.
In the first seven months of this year, industrial production increased by 10.49%, of which manufacturing production increased by 10.83%.
Huang Weijie, deputy director of the Statistics Department of the Ministry of Economic Affairs, analyzed that the recovery rate of industrial production was not as fast as expected, and the typhoon floods were mostly in the central and southern regions where the industrial production was concentrated, so this had a certain impact on the performance of industrial production in July. However, the growth in demand for AI, high-speed computing and cloud data services, as well as the surge in new consumer electronics product stockings, continued to drive double-digit growth in the industrial production index for electronic components and computer electronic optical products in July.
Among them, the industrial production index of the panel and component industry among electronic components was 61.47 in July, an annual increase of 6.5%. It ended five consecutive months of negative growth and turned from negative to positive. Huang Weijie said that this is mainly related to the peak consumption season in Europe and the United States in the fourth quarter and Double 11, when TV manufacturers began to stock up and place orders. However, the recovery strength of Chuan Industry is weak. In addition to the automobile and parts industry's industrial production index in July, which dropped 8.21% year-on-year, marking the third consecutive month of negative growth, the basic metal industry's industrial production index in July was 74.09, a year-on-year decrease of 2.88%, ending two consecutive months of positive growth. , from positive to negative.
Huang Weijie said that the main reason is that the recovery of demand in the international steel market is not as expected, and the interference of low-priced imported steel products. In addition, some manufacturers have suspended production due to typhoons, resulting in a large reduction in production of hot-rolled steel coils, steel blanks, etc., but cold-rolled stainless steel coils Products such as plates, aluminum and aluminum alloy ingots, and steel bars were lower than the base period due to poor market conditions in the same period last year, which offset part of the decrease.
The Ministry of Economic Affairs estimates that the manufacturing production index in August is 93.94~97.94, with an annual increase of 4.2%~8.6%.
