Inflation in Taiwan
Taiwan - Inflation (end of period)
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 (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||0.1||1.7||1.2||-0.1||1.1|
5 years of economic forecasts for more than 30 economic indicators.
Taiwan Inflation (eop) 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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September 7, 2021
Consumer prices rose 0.59% from the previous month in August, accelerating from July's 0.21% increase.
September 7, 2021
Merchandise exports soared 26.9% over the same month last year in August, on the heels of July’s 34.7% jump.
September 1, 2021
The IHS Markit Manufacturing Purchasing Managers' Index (PMI) fell to 58.5 in August from July's 59.7.
August 23, 2021
Industrial output grew 13.9% compared to the same month a year earlier in July, which was a deterioration from June's 18.0% increase.
August 9, 2021
Merchandise exports soared 34.7% on an annual basis in July, on the heels of June’s 35.1% jump, amid further strong growth in electronics exports.