Taiwan Inflation June 2018

Taiwan

Taiwan: Inflation softens in June

July 5, 2018

Consumer prices increased 0.43% in June from the previous month, contrasting the 0.25% decrease recorded in May. The increase was mainly driven by higher prices for water, electricity and gas supply, and services for nursery and nursing care. Weighing on price in June, however, were cheaper fruits and garments.

Inflation fell to 1.3% in June from 1.6% in May. Annual average inflation, meanwhile, remained at May’s 1.1% in June.

Core consumer prices, which exclude prices for energy, fruits and vegetables, rose 0.21% in June compared to the previous month, contrasting the 0.31% rise recorded in May. Core inflation accelerated to 1.3% in June from 1.0% in May.

The government expects inflation to average 1.2% in 2018. FocusEconomics Consensus Forecast panelists expect inflation to average 1.4% in 2018, which is unchanged from last month’s forecast. For 2019, the panel sees inflation averaging 1.3%.


Author:, Economist

Sample Report

Looking for forecasts related to Inflation in Taiwan? Download a sample report now.

Download

Taiwan Inflation Chart


Taiwan Inflation June 2018

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


Taiwan Economic News

  • Taiwan: Industrial production soars in December

    January 22, 2020

    Industrial output increased 6.0% in December compared to the same month a year earlier, quickening from the 1.8% increase recorded in November. The acceleration in December was chiefly driven by strong output growth in the manufacturing sector, which represents more than 90% of total industrial production, while a return to expansion in electricity and gas supply supported the overall figure.

    Read more

  • Taiwan: Economic activity accelerates in Q4

    January 21, 2020

    The economy grew 3.4% in the final quarter of 2019 compared to the same period a year earlier, according to an advance GDP estimate, up from the third quarter’s 3.0% increase.

    Read more

  • Taiwan: Inflation accelerates in December

    January 7, 2020

    Consumer prices increased 0.04% in December compared with the previous month, contrasting the 0.41% decrease in November.

    Read more

  • Taiwan: Exports and imports both climb in December, while trade surplus declines

    January 7, 2020

    Merchandise exports increased 4.0% in December in annual terms, following November’s 3.3% expansion.

    Read more

  • Taiwan: Manufacturing PMI ends the year on a positive note

    January 2, 2020

    The manufacturing Purchasing Managers’ Index (PMI), reported by IHS Markit, rose to 50.8 in December from 49.8 in November, thus moving above the 50-threshold and signaling the first improvement in operating conditions in over a year. The improvement came amid an uptick in the amount of new work received by manufacturers, ending a 15-month run of contraction.

    Read more

More news

Search form