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Taiwan Inflation May 2024

Taiwan: Inflation increases in May

Inflation ticked up to 2.2% in May, following April’s 1.9%. Looking at the details of the release, prices for food, transport and housing increased at faster rates in May.

Annual average inflation remained at April’s 2.4% in May.

Finally, consumer prices increased 0.22% in May over the previous month, moderating from the 0.55% increase recorded in April.

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