Taiwan: Inflation moderates in October
November 6, 2015
Consumer prices in October rose 0.09% over the previous month, which marked a deceleration from September’s 0.68% increase. According to the Directorate-General of Budget, Accounting & Statistics (DGBAS), the reading mainly reflected increases in the price for garments, new seasonal products, fruits, and fuels.
Inflation remained stable at September’s 0.3% reading, which marked the first back-to-back increases in annual consumer prices since December 2014. Despite the rise, the variation in annual average consumer prices remained unchanged at September’s 0.2% drop.
Core consumer prices, which strip out prices for electricity and fresh food, rose 0.52% in October over the previous month, a notable turnaround from September’s 0.10% decrease. Core inflation also increased and inched up from September’s 0.6% reading to 0.7% in October.