Retail sales in Taiwan increased 0.92 percent year-on-year in October 2018, following an upwardly revised 3.04 percent gain in the previous month. Sales advanced at a slower pace for household supplies (1.3 percent vs 3.4 percent in September); pharmaceutical & medical goods (3.1 percent vs 5.3 percent) and fuel products (15.9 percent vs 20.0 percent); and declined for food, beverages & tobacco (-1.3 percent vs 3.5 percent); building materials (-5.8 percent vs 0.2 percent) and fabrics & clothes (-2.0 percent vs 4.7 percent). Contrarily, sales rebounded for autos & motorcycles (1.7 percent vs -1.7 percent) and fell less for information & communications equipment & electrical household appliances (-2.0 percent from -6.0 percent). On a monthly basis, retail sales went up 5.6 percent, after an upwardly revised 2.1 percent gain in September. Retail Sales YoY in Taiwan averaged 2.90 percent from 2010 until 2018, reaching an all time high of 22.90 percent in January of 2011 and a record low of -8.37 percent in February of 2017.

Retail Sales YoY in Taiwan is expected to be 3.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Taiwan to stand at 4.40 in 12 months time. In the long-term, the Taiwan Retail Sales YoY is projected to trend around 4.90 percent in 2020, according to our econometric models.

Taiwan Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-23 08:00 AM Retail Sales YoY 3.2% 4.9% 4.5%
2018-09-25 08:00 AM Retail Sales YoY 0.6% 3.6% 4.1%
2018-10-23 08:00 AM Retail Sales YoY 2.8% 0.6% -0.9%
2018-11-23 08:00 AM Retail Sales YoY 0.9% 3.0% 1.2%
2018-12-24 08:00 AM Retail Sales YoY 0.9% 3.5%
2019-01-23 08:00 AM Retail Sales YoY 3.90%
2019-03-05 08:00 AM Retail Sales YoY


Taiwan Consumer Last Previous Highest Lowest Unit
Consumer Confidence 80.13 81.95 97.52 48.42 Index Points [+]
Retail Sales Mom 5.60 2.10 13.32 -20.45 percent [+]
Retail Sales YoY 0.92 3.04 22.90 -8.37 percent [+]
Consumer Spending 2315541.00 2307010.00 2315541.00 362416.00 TWD Million [+]
Disposable Personal Income 8721300.00 8400000.00 8721300.00 61500.00 TWD Million [+]
Personal Savings 1774100.00 1829500.00 1829500.00 6900.00 TWD Million [+]
Consumer Credit 8211972.00 8175513.00 8211972.00 741707.00 TWD Million [+]
Bank Lending Rate 2.63 2.64 16.50 2.56 percent [+]
Consumer Confidence Economic Expectations 71.60 71.55 93.55 60.95 [+]
Consumer Confidence Financial Expectations 76.25 76.75 92.90 61.10 [+]
Consumer Confidence Major Purchases Expectations 84.85 84.15 109.30 67.70 [+]
Consumer Confidence Price Trends 45.45 44.00 113.75 41.30 [+]
Consumer Confidence Unemployment Expectations 100.40 101.70 115.85 42.45 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.92 3.04 22.90 -8.37 2010 - 2018 percent Monthly




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