Inflation in Taiwan
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
|Inflation Rate (CPI, annual variation in %)||-0.3||1.4||0.6||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||0.69||1.28 %||Dec 31|
|Exchange Rate||29.91||0.07 %||Jan 01|
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January 7, 2022
Merchandise exports shot up 23.4% over the same month last year in December, following November’s 30.2% upturn.
January 6, 2022
Consumer prices fell 0.21% in December over the previous month, contrasting November's 0.24% increase.
January 3, 2022
The IHS Markit Manufacturing Purchasing Managers' Index (PMI) rose from 54.9 in November to 55.5 in December.
December 23, 2021
Industrial output grew 12.2% in year-on-year terms in November, which followed October's 11.6% increase.
December 16, 2021
At its monetary policy meeting on 16 December, the Board of Directors of Taiwan’s Central Bank (CBC) kept rates unchanged, leaving the discount rate at the record low of 1.125%.