Taiwan Inflation August 2019

Taiwan

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%.

FocusEconomics panelists expect inflation to average 0.8% in 2019, which is unchanged from last month’s forecast, and 1.1% in 2020.


Author:, Economist

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Taiwan Inflation Chart


Taiwan Inflation August 2019

Note: Month-on-month and year-on-year changes of consumer price index (CPI) in %.
Source: Directorate-General of Budget, Accounting & Statistics (DGBAS).


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