The average real regular wages of employees in Taiwan in the first nine months of this year fell year-on-year for the first time in nine years by 0.07 percent to NT$41,369 (US$1299) as a result of inflation, according to government data released Thursday.
For the first nine months of this year, Taiwan registered an increase of 2.99 percent in the average regular wages of employees, a record high in 22 years, said Chen Hui-hsin (陳惠欣), the deputy director of Taiwan’s Directorate General of Budget, Accounting and Statistics’ (DGBAS) Census Department.
However, the hike in nominal regular salary was eroded by inflation that has continued to rise unabated since this year, with the consumer price index (CPI) in the first nine months of the year rising by 3.06 percent year-on-year, Chen said.
According to the DGBAS, the average regular wages of employees in Taiwan in September rose by 2.39 percent from a year earlier to NT$44,417.
If average irregular wages, including bonus and overtime payments, are included, average regular wages in September stood at NT$52,503, which was 0.82 percent higher than last year.

Source: Focus Taiwan News Channel