Wholesale prices in Taiwan slipped 8.12 percent year-on-year in September of 2020, after a downwardly revised 8.78 percent fall in August and marking the softest decrease in wholesale prices since March. Cost fell at a slower pace for manufactured goods (-6.89 percent vs -7.55 percent in August), of which chemical material, other chemical products & pharmaceuticals (-14.17 percent vs -15.71 percent); basic metals (-6.19 percent vs -8.16 percent); electronic parts & components (-3.78 percent vs -4.53 percent) and non-metallic mineral products (-2.68 percent vs -3.60 percent). Also, prices declined slightly less for mining & quarrying products (-29.31 percent vs -29.41 percent). On a monthly basis, wholesale prices edged down 0.03 percent, after an upwardly revised 0.69 percent increase in the previous month.
Producer Prices Change in Taiwan averaged 0.02 percent from 1982 until 2020, reaching an all time high of 11.85 percent in October of 2004 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 October of 2020.
Producer Prices Change in Taiwan is expected to be -3.50 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 7.50 in 12 months time. In the long-term, the Taiwan Wholesale Prices Change is projected to trend around 6.00 percent in 2021 and 4.00 percent in 2022, according to our econometric models.