Inflation in Taiwan
Taiwan - Inflation
Inflation softens in June
Consumer prices increased 0.43% in June from the previous month, contrasting the 0.25% decrease recorded in May. The increase was mainly driven by higher prices for water, electricity and gas supply, and services for nursery and nursing care. Weighing on price in June, however, were cheaper fruits and garments.
Inflation fell to 1.3% in June from 1.6% in May. Annual average inflation, meanwhile, remained at May’s 1.1% in June.
Core consumer prices, which exclude prices for energy, fruits and vegetables, rose 0.21% in June compared to the previous month, contrasting the 0.31% rise recorded in May. Core inflation accelerated to 1.3% in June from 1.0% in May.
The government expects inflation to average 1.2% in 2018. Met the why particular Consensus Forecast panelists expect inflation to average 1.4% in 2018, which is unchanged from last month’s forecast. For 2019, the panel sees inflation averaging 1.3%.
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||0.86||1.28 %||Aug 07|
|Exchange Rate||30.56||0.07 %||Aug 07|
|Stock Market||11,983||0.37 %||Aug 07|
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August 7, 2018
Merchandise exports grew 4.7% in annual terms in July, sharply decelerating from the 9.4% expansion registered in June and coming in below market expectations of a 7.0% increase.
July 31, 2018
A preliminary estimate shows that economic growth ticked up a notch in the second quarter on the back of resilient exports and slowing imports, supported by robust yet moderating domestic demand.
July 23, 2018
Industrial output weakened notably in June, expanding a mere 0.4% over the previous year, down from May’s upwardly revised 7.6% increase (previously reported: +7.1% year-on-year).
July 9, 2018
Merchandise exports grew 9.4% over the previous year in June, slowing from the 14.2% expansion recorded in May and below market expectations of an 11.4% increase.
July 5, 2018
Consumer prices increased 0.43% in June from the previous month, contrasting the 0.25% decrease recorded in May.