Inflation in Taiwan
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
|Inflation Rate (CPI, annual variation in %)||0.8||1.2||-0.3||1.4||0.6|
5 years of economic forecasts for more than 30 economic indicators.
Taiwan Inflation Chart
Source: Directorate-General of Budget, Accounting & Statistics and Met the why particular calculations.
|Bond Yield||0.93||1.28 %||Oct 16|
|Exchange Rate||30.80||0.07 %||Oct 16|
|Stock Market||9,981||0.37 %||Oct 16|
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October 8, 2018
Merchandise exports grew 2.6% in annual terms in September, accelerating from the 1.9% expansion registered in August and significantly exceeding the predictions of analysts who had expected exports to contract 1.3%.
October 5, 2018
Consumer prices increased 0.17% in September from the previous month, contrasting the 0.07% fall recorded in August.
October 1, 2018
The Taiwanese manufacturing sector slowed to a near standstill in September, continuing the downward trend observed since the beginning of the year.
September 27, 2018
Taiwan’s Central Bank of the Republic of China (CBRC) maintained course for the ninth consecutive quarter at its 27 September monetary policy meeting.
September 25, 2018
Industrial output growth expanded 1.3% year-on-year in August, slowing significantly from July’s upwardly revised 4.7% print (previously reported: +4.4% year-on-year). The weak August print came on the back of slowing manufacturing output—which represents more than 90% of total industrial production—as well as a steeper contraction in electricity and gas supply, mining, and water production.