Retail sales index in Taiwan, February, 2020
For that indicator, Ministry of Economic Affairs of Taiwan provides data for Taiwan from January 1999 to February 2020. The average value for Taiwan during that period was 96.71 index points with a minimum of 77.71 index points in January 1999 and a maximum of 116.25 index points in January 2017.
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Measure: index points
Source: Ministry of Economic Affairs of Taiwan
Definition: The retail sales index is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction. The retail sales index measures only the volume changes, i.e. price level changes are excluded.