Inflation in Taiwan
Taiwan - Inflation
Inflation inches up again in April
Consumer prices rose 0.75% in April from the previous month, contrasting the 0.62% decline logged in March. The print came on the back of higher prices for garments—due to the introduction of the new spring and summer collections—as well as vegetables and fuels and lubricants. On the other hand, the price of eggs and fruits fell in the month.
Inflation increased from 0.6% in March to 0.7% in April, and annual average inflation ticked down to 0.9%, from 1.0% in March. Core consumer prices, which exclude prices for energy, fruits and vegetables increased 0.62% month-on-month, contrasting March’s 0.71% fall. Lastly, core inflation inched up 0.5% in March to 0.6% in April.
The government expects inflation to average 0.7% in 2019. FocusEconomics panelists expect inflation to average 0.9% in 2019, which is unchanged from last month’s forecast, and 1.2% in 2020.
Taiwan - Inflation Data
|Inflation Rate (CPI, annual variation in %)||0.8||1.2||-0.3||1.4||0.6|
5 years of economic forecasts for more than 30 economic indicators.
Taiwan Inflation Chart
Source: Directorate-General of Budget, Accounting & Statistics and FocusEconomics calculations.
|Bond Yield||0.75||1.28 %||May 13|
|Exchange Rate||31.11||0.07 %||May 13|
|Stock Market||10,558||0.37 %||May 13|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
May 7, 2019
Consumer prices rose 0.75% in April from the previous month, contrasting the 0.62% decline logged in March.
May 7, 2019
Merchandise exports fell 3.3% in annual terms in April, which was less severe than the 4.4% contraction registered in March but still marked the sixth consecutive month of decline in Taiwan’s trade sector.
May 2, 2019
Operating conditions in the Taiwanese manufacturing sector continued to deteriorate in April for the seventh month running, and at a slightly faster pace than in March.
April 30, 2019
Economic growth slightly slowed in the first quarter of 2019 from the fourth quarter’s paltry performance as domestic demand lost momentum, while low export demand for electronics continued to weigh on the country’s core growth engine.
April 23, 2019
Industrial output declined 9.9% year-on-year in March, marking the worst fall in the production index since January 2012 and the fourth consecutive month of contraction in the sector.