Taiwan Inflation

Taiwan

Taiwan: Inflation jumps in March

April 18, 2012

In March, consumer prices added 0.08% over the previous month, which contrasted the 1.35% drop recorded in February. The monthly figure reflected how higher prices in most categories were nearly offset by a sharp drop in prices for clothing. Annual headline inflation jumped from 0.2% in February to 1.2% in March, which came in broadly in line with market expectations. The core inflation index, which excludes volatile categories such as fresh food and energy, declined 0.18% over the previous month. Nevertheless, annual core inflation rose from minus 0.1% in February to 0.7% in March. Finally, annual average headline inflation remained unchanged at February's 1.4%. The government expects inflation to average 1.3% this year.


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Note: Monthly and annual variation of consumer price index in %.
Source: Directorate-General of Budget, Accounting & Statistics (DGBAS) and FocusEconomics calculations.


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