Taiwan’s wholesale price inflation rose to 16.62 percent year-on-year in May of 2022 from an upwardly revised 15.56 percent in the previous month. It was the highest reading since December of 1980, led by prices of quarrying & mining products (+74.14 percent); manufacturing products (+13.36 percent); water, electricity and gas supply (+17.04 percent). Meanwhile, prices eased for agriculture, forestry, fishing & animal husbandry products (16.62 percent). On a monthly basis, wholesale prices increased 1.52 percent, slowing from a 2.1 percent rise in the previous month. source: DGBAS, Taiwan
Producer Prices Change in Taiwan averaged 3.22 percent from 1953 until 2022, 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 June of 2022.
Producer Prices Change in Taiwan is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Wholesale Prices Change is projected to trend around 1.50 percent in 2023, according to our econometric models.