Inflation in Taiwan

Taiwan Inflation (eop) | Economic News & Forecasts

Taiwan - Inflation (end of period)

Inflation increases in December

Inflation rose to 2.7% in December, above November’s 2.3%. Looking at the details of the release, transportation and food prices rose at a quicker pace in December compared to the previous month.

The trend was unchanged, with annual average inflation coming in at November's 2.9% in December.

Lastly, consumer prices increased 0.16% over the previous month in December, contrasting November's 0.15% drop.

Our panelists project inflation to average 1.8% in 2023, which is unchanged from last month’s forecast, and 1.5% in 2024.

Taiwan - Inflation (eop) Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %, eop)0.1  1.7  1.2  -0.1  1.1  

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Taiwan Inflation (eop) 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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