Taiwan: Inflation falls in November
December 5, 2014
Consumer prices in November fell 0.91% over the previous month. The reading contrasted the mild 0.08% increase observed in October and mainly reflected lower prices for fruits and vegetables, as well as for fuels and lubricants. In addition, prices for entertainment fell compared to the previous month.
Annual headline inflation fell from 1.1% in October to 0.9% in November. Annual average inflation remained stable at October’s 1.2%, which had marked the highest figure since August 2013.
Core consumer prices, which strip out prices for electricity and fresh food, fell 0.29% in November over the previous month (September: -0.43% month-on-month). In addition, annual core inflation decreased from October’s 1.6% to 1.4% in November.