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Commodity Prices and Consumer Expenditures

  • date:2024-04-22
Commodity Prices and Consumer Expenditures

According to the results of the 2021 family income and expenditure survey carried out by the Directorate-General of Budget, Accounting and Statistics, Executive Yuan, dispensable income per household was NT$1.09 million in 2021, a 1% increase compared to 2020. The category “home services, water, electricity, gas and other fuels” accounted for the highest share of family consumption (24.58%). Next, due to a longer average life expectancy and growing interest in personal health, total medical care expenditures increased by 17.78%. Meanwhile, expenditures on foods, beverages, and tobacco fell by 15.82%.

Consumer Expenditures Percentage (%)
2021 Domestic Family Expenditure Survey
 Housing, water, electricity, gas and other fuels 24.58

 Health insurance

 Food, beverages and tobacco 15.82
 Clothing, shoes and socks 2.73
 Transport and communication 11.95
 Restaurant dining and travel 12.77
 Recreation, cultural activities, and education 6.34
 Furniture equipment and housekeeping services 2.94
 Other goods and services 5.08