Taiwan: Inflation holds steady in August
September 6, 2019
Consumer prices fell 0.02% in August from the previous month, after falling a revised 0.12% in July (previously reported: -0.10% month-on-month). The print was largely driven by lower prices for fuel and transport. Core consumer prices, which exclude prices for energy, fruits and vegetables, decreased 0.20% in August over the previous month, after dropping 0.08% in July.
Inflation held steady in August at July’s five-month low of 0.4%, while core inflation edged up to 0.4% from 0.3%. Annual average inflation slowed to 0.6% from 0.7%.
Author: Edward Gardner, Economist