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Taiwan Inflation November 2021

Taiwan: Inflation increases in November to multi-year high

Consumer prices rose 0.24% in November over the previous month, broadly stable from the 0.29% rise recorded in October. Looking at the details of the release, prices for food increased at a faster rate in November, and prices for housing rebounded. Meanwhile, transportation price growth was broadly unchanged.

Inflation came in at 2.8% in November, up from October’s 2.5%. November’s result marked the highest inflation rate since February 2013. Annual average inflation rose to 1.8% in November (October: 1.5%).

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