Taiwan's wholesale prices jumped 4.36 percent year-on-year in March 2021, the first annual increase since April 2019 and the fastest since October 2018. Upward pressure came from: manufacturing products (3.52 percent vs -0.09 percent in February), mainly boosted by petroleum & coal products, chemical material, other chemical products & pharmaceuticals, basic metals, and electrical equipment; and quarrying and mining products (27.56 percent vs 2.64 percent) on the back of crude petroleum and natural gas. On the other hand, cost for water, electricity & gas supply continued to decline (-2.61 percent vs -5.16 percent). source: DGBAS, Taiwan
Producer Prices Change in Taiwan averaged 3.05 percent from 1953 until 2021, reaching an all time high of 67.33 percent in February of 1974 and a record low of -13.99 percent in July of 2009. This page provides - Taiwan Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Wholesale Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Producer Prices Change in Taiwan is expected to be 5.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Taiwan to stand at 1.90 in 12 months time. In the long-term, the Taiwan Wholesale Prices Change is projected to trend around 1.50 percent in 2022, according to our econometric models.