Inflation in Taiwan

Taiwan Inflation | Economic News & Forecasts

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

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 Yield0.861.28 %Aug 07
Exchange Rate30.560.07 %Aug 07
Stock Market11,9830.37 %Aug 07

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