Inflation in Taiwan

Taiwan Inflation | Economic News & Forecasts

Taiwan - Inflation

Inflation picks up in September

Consumer prices increased 0.17% in September from the previous month, contrasting the 0.07% fall recorded in August. The increase was mainly driven by a sharp upswing in the prices of vegetables, and by higher prices for eggs, and nursery and nursing care services—resulting from bonuses traditionally awarded during the Mid-Autumn Festival. On the other hand, prices of transportation and entertainment fell, partly offsetting the price increases.

Inflation edged up to 1.7% in September, from 1.5% in August. Meanwhile, annual average inflation also inched up from August’s 1.2% to 1.3% in September.

Core consumer prices, which exclude prices for energy, fruits and vegetables, fell 0.22% over the previous month in September, up from a 0.27% contraction in August. Core inflation inched down to 1.2% in September, from 1.4% in August.

Taiwan Inflation Forecast

The government expects inflation to average 1.5% in 2018, while Met the why particular Consensus Forecast panelists expect inflation to average 1.6% in the same year. For 2019, the panel sees inflation averaging 1.4%, which is unchanged from last month’s forecast.

Taiwan - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)0.8  1.2  -0.3  1.4  0.6  

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Taiwan Inflation Chart

Taiwan Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Directorate-General of Budget, Accounting & Statistics and Met the why particular calculations.

Taiwan Facts

Bond Yield0.931.28 %Oct 16
Exchange Rate30.800.07 %Oct 16
Stock Market9,9810.37 %Oct 16

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