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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
TaiwanTaiwan Wholesale Prices YoY climbed to -2.8% in May 2016
FMPMonthlyReleased June 2016
Taiwan Wholesale Prices YoY climbed to -2.8% in May 2016, released June 2016, up 1.38% from April's -4.18% reading. The print exceeded the -3.93% consensus by 1.13%. Wholesale Prices YoY has now risen for 3 consecutive months. Over the past 3 months, Wholesale Prices YoY averaged -4.56%, vs -5.56% in the prior 3-month window. Wholesale Prices YoY is now the highest in 7 months.
Latest Release
-2.8
Actual
-3.93
Consensus
-4.18
Previous
Median Absolute Error
±0.38 percentage points
across last 6 releases
Last Call
Jun 2016
Predicted: -4.05
Actual: -2.8
Error: -1.25
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Wholesale Prices YoY (Taiwan) was reported at 5.61% in February 2023. The reading fell from the previous value of 7.14%.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 7.27%, down from the prior three at 11.82%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch). Over the last 6 releases, the Sigmacast model's median absolute error is 0.38%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Interest Rate (Jun 18).
Auto-generated from current model state · Refreshes on each release · Last update February 2023.
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Wholesale Prices YoY - TW
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About Wholesale Prices YoY — Taiwan
DEFINITION
Wholesale Prices YoY is a financial indicator that measures the annual change in the prices of goods sold in bulk by manufacturers and wholesalers. It provides valuable insights into the overall inflationary pressures in the economy and is closely monitored by businesses, policymakers, and investors to make informed decisions. A positive YoY change indicates an increase in wholesale prices, while a negative change suggests a decrease. This indicator is an important tool for assessing the health of the economy and predicting future trends in consumer prices.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2023): actual 5.61 %. Prior reading (Dec 2022): 7.14 %. Before that (Nov 2022): 9.07 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.