Taiwan’s wholesale price inflation slowed down to 11.09% year-on-year in October of 2022, from downwardly revised 12.23% increase in the previous month. Prices rose at softer rates for quarrying & mining products (44.61% vs 53.96% in September); agriculture, forestry, fishing and animal husbandry products (9.41% vs 13.56%); and manufacturing products (8.48% vs 9.15%). Meanwhile, inflation quickened for water, electricity & gas supply (29.19% vs 27.28%). On a monthly basis, wholesale prices went up 0.98%, easing from a 1.39% increase in August 2022. source: Taiwan
Wholesale Prices YoY in Taiwan averaged 3.28 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 includes a chart with historical data for Taiwan Wholesale Prices YoY. Taiwan Wholesale Prices YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.
Wholesale Prices YoY in Taiwan is expected to be 9.00 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 YoY is projected to trend around 5.00 percent in 2023 and 4.00 percent in 2024, according to our econometric models.