Inflation in Taiwan

Taiwan Inflation | Economic News & Forecasts

Taiwan - Inflation

Inflation rises in August

Consumer prices rose 0.59% from the previous month in August, accelerating from July's 0.21% increase. August's uptick was the highest reading since April. The reading was primarily due to rising prices for food on the back of heavy rain recently. In addition, price pressures for housing grew at a faster rate.

Inflation rose to 2.4% in August, above July’s 1.9% and also influenced by recent extreme weather pushing up food prices. Annual average inflation rose to 1.0% in August (July: 0.8%).

Our panelists project inflation to average 1.6% in 2021, which is unchanged from last month’s forecast, and 1.4% in 2022.

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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