Inflation in Taiwan

Taiwan Inflation | Economic News & Forecasts

Taiwan - Inflation

Inflation increases in May

Consumer prices rose 0.15% in May from the previous month, down from the 0.75% increase logged in April. The print was largely driven by higher prices for fruits and vegetables, caused by heavy rainfall in the month, while conversely the price of communications and garments fell, offsetting some of the overall increase.

Inflation increased from 0.7% in April to 0.9% in May, and annual average inflation was stable at April’s 0.9%. Core consumer prices, which exclude prices for energy, fruits and vegetables decreased 0.17% month-on-month, contrasting April’s 0.62% rise. Lastly, core inflation was stable at 0.6% in May.

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 1.1% in 2020.

Taiwan - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)0.8  1.2  -0.3  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

Bond Yield0.661.28 %Jul 11
Exchange Rate31.030.07 %Jul 11
Stock Market10,8430.37 %Jul 11

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