Inflation in Taiwan
Taiwan - Inflation
Inflation holds steady in August
Consumer prices fell 0.02% in August from the previous month, after falling a revised 0.12% in July (previously reported: -0.10% month-on-month). The print was largely driven by lower prices for fuel and transport. Core consumer prices, which exclude prices for energy, fruits and vegetables, decreased 0.20% in August over the previous month, after dropping 0.08% in July.
Inflation held steady in August at July’s five-month low of 0.4%, while core inflation edged up to 0.4% from 0.3%. Annual average inflation slowed to 0.6% from 0.7%.
FocusEconomics panelists expect inflation to average 0.8% in 2019, which is unchanged from last month’s forecast, and 1.1% 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||0.68||1.28 %||Sep 04|
|Exchange Rate||31.27||0.07 %||Sep 04|
|Stock Market||10,657||0.37 %||Sep 04|
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September 9, 2019
Merchandise exports grew 2.6% in August compared to the same month a year earlier, contrasting the 0.5% fall in July.
September 6, 2019
Consumer prices fell 0.02% in August from the previous month, after falling a revised 0.12% in July (previously reported: -0.10% month-on-month).
September 2, 2019
The manufacturing Purchasing Managers’ Index (PMI), reported by IHS Markit, fell to 47.9 in August from 48.1 in July, and remained below the 50-point threshold that separates contraction from expansion for the eleventh month running. Manufacturers struggled in August as new work orders fell substantially in the month and exports fell at the fastest pace in over four years; on the back of this, output decreased at a quicker clip than in July.
August 23, 2019
Industrial output increased 3.0% in July from the same month last year, contrasting the revised 0.5% decrease in June (previously reported: -0.4% year-on-year). Output in the manufacturing sector—which represents more than 90% of total industrial production—rose 3.1% in July, contrasting the 0.8% dip in June.
August 7, 2019
Merchandise exports decreased 0.5% in July compared to the same month a year earlier, contrasting the 0.5% increase in June.