Taiwan's Jan.-Sept. regular wage growth hits 2nd highest in 26 years: DGBAS

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The growth of average nominal monthly regular wages in Taiwan's industrial and service sectors in the first nine months of this year hit the second-highest level in 26 years, the Directorate General of Budget, Accounting and Statistics (DGBAS) said on Wednesday.
Taipei, Nov. 11 (CNA) The growth of average nominal monthly regular wages in Taiwan's industrial and service sectors in the first nine months of this year hit the second-highest level in 26 years, the Directorate General of Budget, Accounting and Statistics (DGBAS) said on Wednesday.
Data compiled by the DGBAS showed average monthly regular wages hit NT$49,152 (US$1,496) during January to September, up 2.93 percent from a year earlier, the second highest growth in 26 years, only trailing 3 percent recorded in 2025.
After inflationary adjustments, real average monthly wages during the nine-month period rose 0.98 percent from a year earlier, the second highest in six years only after the 1.21 percent in 2025, the data indicated.
The growth in real average regular wages showed wage growth continued to beat inflation, according to the DGBAS.
During the January-September period, Taiwan's consumer price index rose 1.94 percent from a year earlier as the government's price stabilization measures eased inflationary pressure, taking on a spike in international energy costs.
Over the nine months, average earnings, comprising regular wages and nonregular wages such as overtime pay and bonuses, stood at NT$609,498, up 4.59 percent from a year earlier.
During the same period, the earnings growth also beat inflation with real average earnings up 2.60 percent from a year earlier, a new high since 2015, when growth stood at 3.56 percent, the DGBAS said.
With average wages easily distorted by values at the two extremes, the DGBAS also announced the average median monthly wages which hit NT$39,793 in September, up 2.93 percent from a year earlier.
In the January-September period, average median monthly regular wages stood at NT$39,429, up 3.04 percent from a year earlier, and after inflationary adjustments, the growth still hit 1.08 percent.
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