Retail sales in Taiwan rose 1.3 percent year-on-year in September of 2021 compared to 4.3 percent fall in the previous month, expanding first time in 4 months. Sales advanced at a faster pace for fuel and related products (18 percent vs 12.7 percent in August); and electronic shopping and mail-order houses (19.5 percent vs 17.6 percent). Also, sales rebounded for information and communications equipment and electrical household appliances (11.9 percent vs -1.8 percent); motor vehicles, motorcycles and related Parts (6 percent vs -4.7 percent); and construction materials (5.3 percent vs -2.7 percent). Additionally, sales declined at a softer pace for pharmaceutical and medical goods and cosmetics (-2.8 percent vs -10.3 percent) and at general merchandise stores (-1.2 percent vs -8 percent). Meanwhile, sales continued to fall for food and beverages (-9.2 percent vs -2.6 percent). On a monthly basis, retail sales increased 1.8 percent slowing from a 5.3 percent advance in August source: Ministry of Economic Affairs, R.O.C.

Retail Sales YoY in Taiwan averaged 2.44 percent from 2000 until 2021, reaching an all time high of 21.94 percent in January of 2011 and a record low of -13.30 percent in June of 2021. This page provides the latest reported value for - Taiwan Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Taiwan Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Retail Sales YoY in Taiwan is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Retail Sales YoY is projected to trend around 2.00 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Taiwan Retail Sales YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-09-27 08:00 AM Aug -4.3% -9.6% 0.5%
2021-10-25 08:00 AM Sep 1.26% -4.3% -0.3%
2021-11-23 08:00 AM Oct 1.26%


News Stream
Taiwan Retail Sales Expand for First Time in 4 Months
Retail sales in Taiwan rose 1.3 percent year-on-year in September of 2021 compared to 4.3 percent fall in the previous month, expanding for first time in 4 months. Sales advanced at a faster pace for fuel and related products (18 percent vs 12.7 percent in August); and electronic shopping and mail-order houses (19.5 percent vs 17.6 percent). Also, sales rebounded for information and communications equipment and electrical household appliances (11.9 percent vs -1.8 percent); motor vehicles, motorcycles and related Parts (6 percent vs -4.7 percent); and construction materials (5.3 percent vs -2.7 percent). Additionally, sales declined at a softer pace for pharmaceutical and medical goods and cosmetics (-2.8 percent vs -10.3 percent) and at general merchandise stores (-1.2 percent vs -8 percent). Meanwhile, sales continued to fall for food and beverages (-9.2 percent vs -2.6 percent). On a monthly basis, retail sales increased 1.8 percent slowing from a 5.3 percent advance in August.
2021-10-25
Taiwan Retail Sales Shrink for 3rd Month
Retail sales in Taiwan fell 4.3% year-on-year in August of 2021, following a downwardly revised 9.6% contraction in the previous month. Sales continued to fall for: textile & clothing (-8.73% vs -30.98% in July); construction materials (-2.71% vs -0.03%); food, beverages & tobacco (-2.65% vs -3.07%); household appliances & goods (-6.23% vs -10.19%); motor vehicles, motorcycles & related parts (-4.65% vs -10.63%); general merchandise stores (-7.92% vs -14.56%); pharmaceutical & medical goods (-10.3% vs 14.07%); cultural & recreation goods (-29.49% vs -37.79%). On the other hand, sales were up for fuel & related products (12.69% vs 3.41%); electronic shopping (17.6% vs 23.34%); and not in stores or stalls (13.17% vs 15.41%). On a monthly basis, retail sales increased 5.27%, following a 14.44 percent rise in the month prior.
2021-09-27
Taiwan Retail Sales Fall for 2nd Month
Retail sales in Taiwan fell 10.3% year-on- year in July of 2021, following a slump of 13.3 % in the previous month. Sales continued to fall for: textiles and clothing ( -32.82 % vs -53.9 %); construction materials (-0.4% vs -12.32%); food, beverage, and tobacco ( -4.74 % vs -5.63%); household appliances and goods ( -13.82% vs -28.57%); motor vehicles, motorcycles, and related parts ( -10.89% vs -22.95%); general merchandise stores ( -14.7% vs -14.34%) and cultural and recreation goods (-39.87% vs -38.38%). Additionally, sales rebounded for fuel and related products (3.22% vs -3.36%) and sales were up for: electronic shopping (23.38% vs 33.7%); not in stores or stalls (14.96 % vs 25.68%); information and communications equipment and electrical household appliances (2.25% vs 15.64%); On a monthly basis, retail sales surged 13.16 % following a 14.44 % decrease in June.
2021-08-23

Taiwan Last Unit Reference Previous Highest Lowest
Retail Sales Mom 1.76 percent Sep/21 5.27 14.44 -23.80
Retail Sales YoY 1.26 percent Sep/21 -4.30 21.94 -13.30


Taiwan Retail Sales YoY
In Taiwan, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.