Latest reading: Consumer prices rose 31.8% on a year-on-year basis in September, following a 33.6% rise in the previous month...
Inflation in Taiwan
Consumer price inflation in Taiwan averaged 1.3% in the ten years to 2024, in line with the East & South Asia regional average of 2.5%. The 2024 average figure was 2.2%. For more information on inflation, visit our dedicated page.
Taiwan Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Taiwan from 2025 to 2016.
Source: Macrobond.
Taiwan Inflation Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | -0.2 | 2.0 | 2.9 | 2.5 | 2.2 |
| Inflation (CPI, ann. var. %, eop) | 0.0 | 2.6 | 2.7 | 2.7 | 2.1 |
| Inflation (Core, ann. var. %, aop) | 0.4 | 1.3 | 2.6 | 2.6 | 1.9 |
Inflation slows in September from August
Latest reading: Consumer prices increased 1.3% in annual terms in September, following a 1.6% rise in the previous month. Relative to the prior month's data, there were reduced price pressures for food (+2.6% on a year-on-year basis vs +3.2% in August), housing (+1.6% vs +1.8% in August), transportation (-2.0% vs -1.3% in August) and education and entertainment (+0.9% vs +1.3% in August). Lastly, consumer prices declined 0.23% in September on a month-on-month basis, following a 0.46% increase in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Taiwanese inflation projections for the next ten years from a panel of 27 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Taiwanese inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Taiwanese inflation projections.
Want to get access to the full dataset of Taiwanese inflation forecasts? Send an email to info@focus-economics.com.
Latest Global Inflation News
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Argentina: Inflation eases in September from August -
China: Fall in consumer prices softens in September Latest reading: Consumer prices declined 0.3% on a year-on-year basis in September, following a 0.4% fall in the prior month.... -
Switzerland: Inflation stabilizes in September from the prior month Latest reading: Consumer prices rose 0.2% in annual terms in September, unchanged from the previous month’s reading but below market... -
Romania: Inflation rises in September Latest reading: Consumer prices increased 9.9% on a year-on-year basis in September, following a 9.8% rise in the previous month.... -
Russia: Inflation decelerates in September from the prior month Latest reading: Consumer prices were up 8.0% in annual terms in September, following a 8.1% rise in the prior month.... -
Belarus: Inflation decelerates in September from the prior month Latest reading: Consumer prices increased 7.1% in annual terms in September, following a 7.2% increase in the prior month. Relative... -
Denmark: Inflation rises in September Latest reading: Consumer prices were up 2.3% in annual terms in September, following a 2.0% increase in the prior month....