Producer Prices in Taiwan
Taiwan - Producer Prices
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 - Producer Prices Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Inflation (WPI, annual variation in %) | -8.9 | -3.0 | 0.9 | 3.6 | -2.3 |
Taiwan Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.69 | 1.28 % | Dec 31 |
| Exchange Rate | 29.91 | 0.07 % | Jan 01 |
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Economic News
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Taiwan: GDP records sharpest contraction since Q3 2009 in the fourth quarter
January 18, 2023
GDP decreased 0.9% on an annual basis in Q4 (Q3: +4.0% year on year).
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Taiwan: Merchandise exports slide in December
January 9, 2023
Merchandise exports plummeted 12.1% annually in December, on the heels of November’s 13.1% drop.
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Taiwan: Inflation increases in December
January 6, 2023
Inflation rose to 2.7% in December, above November’s 2.3%.
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Taiwan: Manufacturing PMI remains depressed in December
January 1, 2023
The S&P Global Manufacturing Purchasing Managers' Index (PMI) ticked up from 41.6 in November to 44.6 in December.
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Taiwan: Industrial output drops at sharpest pace since March 2019 in November
December 23, 2022
Industrial output decreased 4.9% in year-on-year terms in November, which was a larger contraction than October's 4.3% decrease.
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