Taiwan: Consumer prices record smallest fall since March in October
November 6, 2020
Consumer prices increased 0.36% from the previous month in October, swinging from September's 0.11% fall. October's figure marked the sharpest increase in prices since June. Looking at the details of the release, transportation prices rose in October after dropping in the previous month, while prices pressures for housing dropped. Meanwhile, prices for education and entertainment goods gained steam.
Consumer prices declined 0.2% on an annual basis in October, a less pronounced drop than September’s 0.6% decrease. October's reading represented the smallest drop in consumer prices since March. Meanwhile, the trend was unchanged with the annual average variation of consumer prices coming in at minus September's 0.1% in October.