Taiwan: Inflation falls in July
August 6, 2019
Consumer prices fell 0.10% in July from the previous month, which contrasted June’s 0.33% increase. The print was largely driven by lower prices for food.
Inflation dropped to 0.4% in July, from 0.9% in June and marking a five-month low. Annual average inflation also declined to 0.7% (June: 0.8%).
Core consumer prices, which exclude prices for energy, fruits and vegetables increased 0.09% over the previous month, a slightly larger rise than June’s 0.06% increase. Core inflation edged down from 0.5% in June to 0.4% in July.