Average monthly regular salary in Taiwan rose to NT$40,792 in April, largest 4-month increase in 18 years

Taiwan News
Date: 2018/06/13
By: Keoni Everington, Taiwan News, Staff Writer

TAIPEI (Taiwan News) — The average regular monthly salary in Taiwan rose to

NT$40,792 (US$1,364) in April, a 2.27 percent increase over the same period last year, primarily due to an uptick in the manufacturing sector, announced the Directorate-General of Budget, Accounting and Statistics (DGBAS) on Monday (June 11), reported CNA.

According to statistics released by DGBAS in May, the average monthly wage from Jan. through Mar. averaged NT$40,000, a year-on-year increase of 2.71 percent, the highest increase over the same period in 18 years. For the month of March, the average salary reached NT$40,812, and increase of 2.59 percent, representing an increase of 2 percent for the fourth-straight month.

In April of this year, the average annual regular salary increased to NT$40,792 (US$1,364), a year-on-year increase of 2.27 percent, representing a 2.57 percent increase from January, also the largest increase seen over the same period in 18 years.     [FULL STORY]