Retail sales in Taiwan rose 4.68 percent year-on-year in April of 2022, easing from an upwardly revised 5.46 percent gain in the previous month. Sales slowed sharply at general merchandise stores (1.56 percent vs 5.17 percent in March); and eased significantly for fuel and related products (10.04 percent vs 16.21 percent); information and communications equipment and electrical household appliance (9.77 percent vs 19.36 percent); Also, sales declined for textiles and clothing (-1.74 percent vs 19.19 percent) whereas rebounded for pharmaceutical and medical goods and cosmetics (11.71 percent vs -1.33 percent).On a monthly basis, retail sales fell by 0.05 percent after rising 9.9 percent in the previous month. source: Ministry of Economic Affairs, R.O.C.
Retail Sales YoY in Taiwan averaged 2.51 percent from 2000 until 2022, 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 May of 2022.
Retail Sales YoY in Taiwan is expected to be 2.50 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 1.80 percent in 2023 and 2.00 percent in 2024, according to our econometric models.