Retail sales in Taiwan rose 1.8% year-on-year in November 2024, rebounding from a 0.5% fall in the previous month. Sales recovered for food, beverages and tobacco (1.9% vs -0.5% in October), textiles and clothing (2.1% vs -2.1%), pharmaceutical and medical goods and cosmetics (5.2% vs -0.1%), and retail trade not in stores/stalls (0.6% vs -0.7%). Additionally, sales increased at a faster pace for construction materials (10.3% vs 7.5%), information and communications equipment and electrical household appliances (2.3% vs 1.2%) and other retail sales (12.7% vs 8%). Meanwhile, sales slowed for household appliances and goods (3.3% vs 3.8%) and electronic shopping and mail-order houses (0.8% vs 3.1%). On a monthly basis, retail trade surged 6.61% in November 2024, rebounding from a 0.1% fall in the previous month. source: Ministry of Economic Affairs, R.O.C.

Retail Sales in Taiwan increased 1.80 percent in November of 2024 over the same month in the previous year. Retail Sales YoY in Taiwan averaged 2.87 percent from 2000 until 2024, reaching an all time high of 22.50 percent in June of 2022 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 January of 2025.

Retail Sales in Taiwan increased 1.80 percent in November of 2024 over the same month in the previous year. Retail Sales YoY in Taiwan is expected to be 4.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-25 08:00 AM
Retail Sales YoY
Oct -0.5% 3.35% 2.8%
2024-12-23 08:00 AM
Retail Sales YoY
Nov 1.8% -0.5% 1%
2025-01-23 08:00 AM
Retail Sales YoY
Dec 4.8%


Related Last Previous Unit Reference
Bank Lending Rate 3.26 3.26 percent Nov 2024
Consumer Confidence 74.61 75.49 points Dec 2024
Consumer Credit 12825591.00 12741307.00 TWD Million Nov 2024
Consumer Spending 2842519.00 2789627.00 TWD Million Sep 2024
Disposable Personal Income 103668.00 99421.00 TWD Hundred Million Dec 2023
Retail Sales MoM 6.61 -0.10 percent Nov 2024
Retail Sales YoY 1.80 -0.50 percent Nov 2024

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.
Actual Previous Highest Lowest Dates Unit Frequency
1.80 -0.50 22.50 -13.30 2000 - 2024 percent Monthly
Current Prices, NSA


News Stream
Taiwan Retail Sales Rebound in November
Retail sales in Taiwan rose 1.8% year-on-year in November 2024, rebounding from a 0.5% fall in the previous month. Sales recovered for food, beverages and tobacco (1.9% vs -0.5% in October), textiles and clothing (2.1% vs -2.1%), pharmaceutical and medical goods and cosmetics (5.2% vs -0.1%), and retail trade not in stores/stalls (0.6% vs -0.7%). Additionally, sales increased at a faster pace for construction materials (10.3% vs 7.5%), information and communications equipment and electrical household appliances (2.3% vs 1.2%) and other retail sales (12.7% vs 8%). Meanwhile, sales slowed for household appliances and goods (3.3% vs 3.8%) and electronic shopping and mail-order houses (0.8% vs 3.1%). On a monthly basis, retail trade surged 6.61% in November 2024, rebounding from a 0.1% fall in the previous month.
2024-12-23
Taiwan Retail Sales Tumble in October
Retail sales in Taiwan slipped 0.5% year-on-year in October 2024 from a 3.2% gain in the previous month. This marked the first fall in retail trade since August 2021, as sales tumbled for pharmaceutical and medical goods and cosmetics (-0.14% vs 2.41% in September) and motor vehicles, motorcycles and related parts (-7.93% vs 9.72%). Moreover, sales continued to fall for textiles and clothing in specialized stores (-2.12% vs -0.05%), cultural and recreation goods (-6.63% vs -1.14%), fuel and related products (-10.17% vs -6.83%), and trade not in stores/stalls (-0.72% vs -0.62%). In contrast, sales accelerated for household appliances and goods (3.78% vs 1.73%). On a monthly basis, retail trade fell 0.1% in October from a four-month high of 3.6% growth in the previous month.
2024-11-25
Taiwan Retail Sales Growth Accelerates
Retail sales in Taiwan rose 3.2% year-on-year in September 2024, accelerating from a 1.1% increase in the previous month. This marked the sharpest growth in three periods, driven by a faster increase in sales for general merchandise stores (4.7% vs 4.2% in August), and ICT equipment and electrical household appliances (3.8% vs 2.8%). Additionally, trade rebounded for motor vehicle, motorcycle and related parts (10.9% vs -5%) and trade not in stores or stalls (0.2% vs -1.6%). Meanwhile, sales mainly declined for food, beverages and tobacco (-4.3% vs 0.7%), fuel and fuel related products (-7.6% vs -5.1%), and cultural and recreational goods (-1.3% vs 0.9%). On a monthly basis, retail trade jumped 3%, following a 3.2% drop in August.
2024-10-23