Taiwan’s IP to rebound in near future

Taiwan's export order surprised the market by printing a solid growth. But industrial production growth, in contrast, might have posted marginal fall of -5.6% yoy in October against -5.3% yoy in September, says Societe Generale. 

The fall in the industrial output might be the result of strong negative base effect and lesser working days. Since the export order shows a positive sign, the industrial production is expected to rebound.