Inflation in Taiwan

Taiwan Inflation | Economic News & Forecasts

Taiwan - Inflation

Inflation drops in December

Consumer prices fell 0.21% in December over the previous month, contrasting November's 0.24% increase. December's result marked the weakest reading since March. The reading was driven by falling prices for food and transportation.

Inflation fell to 2.6% in December, which followed November’s 2.9%. Annual average inflation rose to 2.0% in December (November: 1.8%).

FocusEconomics Consensus Forecast panelists see inflation averaging 1.7% in 2022, which is up 0.2 percentage points from last month’s forecast. For 2023, the panel projects inflation to average 1.3%.

Taiwan - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-0.3  1.4  0.6  1.4  0.6  

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Taiwan Inflation Chart

Taiwan Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Directorate-General of Budget, Accounting & Statistics and FocusEconomics calculations.

Taiwan Facts

Value Change Date
Bond Yield0.691.28 %Dec 31
Exchange Rate29.910.07 %Jan 01

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