The power consumption growth rate of the semiconductor industry hit the lowest increase in more than four years, showing that the industry has stagnated and shrunk.

(European News Agency file photo)

[Reporter Xu Ziling/Taipei Report] The Taiwan General Research Institute released the power prosperity index for February yesterday, and the indicator continued to light up to represent the blue light of recession; among them, the growth rate of electricity consumption in the semiconductor industry hit the lowest growth rate in more than four years, indicating that the industry has stagnated and shrunk, and the electricity industry has stagnated. The economic light signal changed from a downward yellow and blue light to a blue light.

The Taiwan Institute of Comprehensive Research believes that the semiconductor industry's advanced process orders and exports have decreased, and in line with the trend of electricity consumption, the outlook for the semiconductor industry is pessimistic.

In the power prosperity index, the electricity consumption above high voltage in the national industry increased slightly compared with the same period last year ○.

62%, mainly because the same period last year coincided with the Lunar New Year, and the base period was low; however, the national industrial power consumption was still affected by the recession in the international economy, domestic production momentum was weak, and the overall industrial power boom continued to be blue.

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The growth rate of electricity consumption hit the lowest increase in more than four years

The Taiwan Comprehensive Institute stated that major economies such as the United States and Europe continued to raise interest rates in order to curb inflation, as well as the Ukrainian-Russian war stalemate, the global terminal demand has cooled significantly, the economic growth of various countries has slowed down compared with the fourth quarter of last year, and my country's economic and trade momentum has shrunk sharply. Manufacturing and non-manufacturing manufacturers have weakened demand and insufficient production momentum. Although the number of working days in February increased compared with the same period last year, it is still difficult to boost the growth of industrial electricity consumption, and the domestic economy is still in the shadow of recession.

The market generally expects that the revision of manufacturing inventories is coming to an end, and the economy is expected to bottom out in the first half of the year; however, the Taiwan Comprehensive Research Institute warned that the recent outbreak of the U.S. banking crisis will undoubtedly increase uncertainty for U.S. interest rate hikes and the pace of global economic recovery, and the follow-up should continue Carefully assess the impact on the economy.

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