Inflation in Taiwan

Taiwan Inflation | Economic News & Forecasts

Taiwan - Inflation

Inflation accelerates in December

Consumer prices increased 0.04% in December compared with the previous month, contrasting the 0.41% decrease in November. The reading reflected higher prices for food, fuel and transportation, partially offset by the falling price of clothing brought about by seasonal sales.

Core consumer prices, which exclude prices for energy, fruits and vegetables, remained unchanged in December from the previous month, contrasting the 0.25% decrease in November.

Inflation, meanwhile, picked up to 1.1% from November’s 0.6%. Annual average inflation inched up to 0.6% from 0.5%.

FocusEconomics Consensus Forecast panelists expect inflation to average 0.9% in 2020, which is down 0.1 percentage points from last month’s forecast. In 2021, the panel sees inflation averaging 1.2%.

Taiwan - Inflation Data

2014   2015   2016   2017   2018  
Inflation Rate (CPI, annual variation in %)1.2  -0.3  1.4  0.6  1.4  

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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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