Inflation in Taiwan

Taiwan Inflation | Economic News & Forecasts

Taiwan - Inflation

Inflation holds stable in October

Consumer prices rose 0.30% in October over the previous month, accelerating from September's 0.16% rise. The result was driven by rising prices for food and transportation.

Inflation was stable at 2.6% in October. Relatively elevated inflation readings in recent months can be attributed to torrential rains increasing vegetable prices, global supply constraints and higher international commodity prices. Meanwhile, the trend pointed up slightly, with annual average inflation coming in at 1.5% in October (September: 1.3%).

Our panelists project inflation to average 1.5% in 2022, which is up 0.1 percentage points from last month’s forecast, and 1.4% in 2023.

Taiwan - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-0.3  1.4  0.6  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 FocusEconomics calculations.

Taiwan Facts

Value Change Date
Bond Yield0.691.28 %Dec 31
Exchange Rate29.910.07 %Jan 01

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