Retail sales in Taiwan increased 2.97 percent year-on-year in May of 2019, easing from a 4.45 percent gain in the previous month. Sales slowed for food, beverages & tobacco (0.55 percent vs 1.77 percent in April); household supply (1.77 percent vs 8.34 percent) and pharmaceutical & medical goods (2.11 percent vs 3.64 percent) while those declined for building material (-6.94 percent vs -0.75 percent); fuel products (-0.68 percent vs 3.37 percent) and information and communications equipment & electrical household appliances (-8.87 percent vs 1.8 percent). On the other hand, sales rose faster for textiles & clothes (2.92 percent vs 2.37 percent); cultural & recreation goods (8.93 percent vs 2.57 percent) and motor vehicles & motorcycles (6.93 percent vs 6.62 percent). On a monthly basis, retail sales went up 3.24 percent, following a 2.95 percent rise in April. Retail Sales YoY in Taiwan averaged 2.69 percent from 2010 until 2019, reaching an all time high of 22.90 percent in January of 2011 and a record low of -9.38 percent in February of 2019.

Retail Sales YoY in Taiwan is expected to be 1.90 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 3.60 in 12 months time. In the long-term, the Taiwan Retail Sales YoY is projected to trend around 2.00 percent in 2020, according to our econometric models.

Taiwan Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-25 08:00 AM Retail Sales YoY Feb -9.06% 8.17% 2%
2019-04-23 08:00 AM Retail Sales YoY Mar 0.62% -9.06% 2.2%
2019-05-23 08:00 AM Retail Sales YoY Apr 4.45% 1.33% 1.4%
2019-06-24 08:00 AM Retail Sales YoY May 2.97% 4.45% 3.2%
2019-07-23 08:00 AM Retail Sales YoY Jun 2.97% 1.9%
2019-08-23 08:00 AM Retail Sales YoY Jul
2019-09-25 08:00 AM Retail Sales YoY Aug


Taiwan Consumer Last Previous Highest Lowest Unit
Consumer Confidence 79.80 79.48 97.52 48.42 Index Points [+]
Retail Sales Mom 3.24 2.95 18.90 -20.45 percent [+]
Retail Sales YoY 2.97 4.45 22.90 -9.38 percent [+]
Consumer Spending 2330750.00 2321387.00 2330750.00 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 8421286.00 8368182.00 8421286.00 741707.00 TWD Million [+]
Bank Lending Rate 2.63 2.63 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.97 4.45 22.90 -9.38 2010 - 2019 percent Monthly




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