Retail trade in Taiwan fell 1.33 percent over a year earlier in June 2020, after dropping a downwardly revised 5.7 percent in the previous month, amid the coronavirus pandemic. Sales declined less at general merchandise stores (-1.5 percent vs -1.9 percent); household appliances & goods in specialized stores (-13.6 percent vs -20.2 percent); pharmaceutical medical good & cosmetics (-3.8 percent vs -9 percent); fuel & related products (-24.9 percent vs -35.5 percent); and other retail sale in specialized stores (-27.6 percent vs -34.4 percent). Also, sales rebounded for food, beverages & tobacco (0.67 percent vs -10.8 percent); and motor vehicles, motorcycles & related parts (5.6 percent vs -6 percent).

Retail Sales YoY in Taiwan averaged 2.42 percent from 2000 until 2020, reaching an all time high of 21.94 percent in January of 2011 and a record low of -11.89 percent in February of 2009. 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 August of 2020.

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. Looking forward, we estimate Retail Sales YoY in Taiwan to stand at 2.00 in 12 months time. In the long-term, the Taiwan Retail Sales YoY is projected to trend around 2.00 percent in 2021, according to our econometric models.

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Taiwan Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-1.33 -5.72 21.94 -11.89 2000 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-23 08:00 AM Mar -3.4% -0.8% 3.6%
2020-05-25 08:00 AM Apr -10.2% -3.5% -6.5%
2020-06-23 08:00 AM May -5.8% -10.2% 3%
2020-07-23 08:00 AM Jun -1.3% -5.7% 2.5%
2020-08-23 08:00 AM Jul -1.3%
2020-09-23 08:00 AM Aug
2020-10-23 08:00 AM Sep 1.9%
2020-11-25 08:00 AM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Taiwan Retail Sales Fall for 5th Month
Retail trade in Taiwan fell 1.33 percent over a year earlier in June 2020, after dropping a downwardly revised 5.7 percent in the previous month, amid the coronavirus pandemic. Sales declined less at general merchandise stores (-1.5 percent vs -1.9 percent); household appliances & goods in specialized stores (-13.6 percent vs -20.2 percent); pharmaceutical medical good & cosmetics (-3.8 percent vs -9 percent); fuel & related products (-24.9 percent vs -35.5 percent); and other retail sale in specialized stores (-27.6 percent vs -34.4 percent). Also, sales rebounded for food, beverages & tobacco (0.67 percent vs -10.8 percent); and motor vehicles, motorcycles & related parts (5.6 percent vs -6 percent).
2020-07-23
Taiwan Retail Sales Fall Softer in May
Retail trade in Taiwan declined 5.8 percent over a year ago in May of 2020, following a 10.2 percent slump in the previous month. Sales fell at a softer pace for textiles and clothing (-3.3 percent vs -25 percent in April) and fuel and related products (-35.4 percent vs -39.9 percent). In addition, sales rebounded for information and communications equipment and electrical household appliance (2.2 percent vs -6.2 percent) and those of cultural and recreation goods (10.2 percent vs 2 percent) rose faster. Also, sales not in stores of stalls (15.7 percent vs 14.2 percent) and by electronic shopping and mail-order houses (22.3 percent vs 19.1 percent) advanced faster.
2020-06-23
Taiwan Retail Sales Fall the Most since 2009
Retail trade in Taiwan plummeted 10.2 percent over a year ago in April of 2020, following an upwardly revised 3.5 percent fall in the previous month. It was the largest decline in retail activity since February of 2009, as the coronavirus pandemic continued to hit consumer spending. Lower sales were recorded for textiles & clothing (-25 percent vs -19 percent); household appliances (-26 percent vs -24.2 percent); fuel and related products (-39.9 percent vs -21.5 percent); food, beverages & tobacco (-9.63 percent vs -8.78 percent; pharmaceuticals, medical goods & cosmetics (-8.3 percent vs -3.9 percent); electronic products and electrical appliances (-6.2 percent vs -2.4 percent) and motor vehicles, motorcycles and related parts & accessories (-4.2 percent vs 7 percent). Year-to-date, retail trade declined 3 percent compared to the same period a year ago.
2020-05-25
Taiwan Retail Sales Fall the Most in Over a Year
Retail trade in Taiwan dropped 3.4 percent over a year earlier in March 2020, following a downwardly revised 0.8 percent fall in the previous month. It was the largest decline in retail trade since February last year, amid the coronavirus pandemic. Sales went down further in food, beverages & tobacco (-7.9 percent vs -4.4 percent in February); household appliances and goods (-25.5 percent vs -10.7 percent); cultural & recreation (-10.8 percent vs -7 percent); and fuel & related products (-21.5 percent vs -2.8 percent). Also, sales fell for pharmaceutical and medical goods and cosmetics (-6 percent vs 5.9 percent); and construction materials (-2.6 percent vs 0.2 percent).
2020-04-23

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.