Taiwan's consumer prices rose 2.09 percent percent year-on-year in April of 2021, following a downwardly revised 1.24 percent increase in the previous month and faster than a market consensus of 1.7 percent. It was the highest inflation rate since February of 2018, mostly driven by prices of transportation & communication (9.39 percent), in particular fuels & lubricants (47.95 percent) and transportation fees (14.75 percent). In addition, consumer prices rose for food (0.61 percent), housing (0.96 percent), and education & entertainment (1.80 percent). On a seasonally adjusted monthly basis, consumer prices grew by 0.20 percent, after a downwardly revised 0.33 percent gain in the month prior. source: Directorate-General of Budget, Accounting and Statistics, Taiwan

Inflation Rate in Taiwan averaged 3.93 percent from 1960 until 2021, reaching an all time high of 61.47 percent in March of 1974 and a record low of -3.09 percent in October of 1970. This page provides the latest reported value for - Taiwan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Taiwan Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Inflation Rate in Taiwan is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Taiwan to stand at 1.10 in 12 months time. In the long-term, the Taiwan Inflation Rate is projected to trend around 2.00 percent in 2022, according to our econometric models.

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Taiwan Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.09 1.24 61.47 -3.09 1960 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-02-05 08:00 AM Jan -0.16% 0.06% 0.04% 0.1%
2021-03-09 08:00 AM Feb 1.37% -0.17% 0.8% 1.3%
2021-04-08 08:00 AM Mar 1.26% 1.40% 1.4% 1.4%
2021-05-06 08:00 AM Apr 2.09% 1.24% 1.7% 1.8%
2021-06-05 08:00 AM May 2.09% 2.0%
2021-07-07 08:00 AM Jun
2021-08-06 08:00 AM Jul
2021-09-08 08:00 AM Aug


News Stream
Taiwan Inflation at Over 3-Year High
Taiwan's consumer prices rose 2.09 percent percent year-on-year in April of 2021, following a downwardly revised 1.24 percent increase in the previous month and faster than a market consensus of 1.7 percent. It was the highest inflation rate since February of 2018, mostly driven by prices of transportation & communication (9.39 percent), in particular fuels & lubricants (47.95 percent) and transportation fees (14.75 percent). In addition, consumer prices rose for food (0.61 percent), housing (0.96 percent), and education & entertainment (1.80 percent). On a seasonally adjusted monthly basis, consumer prices grew by 0.20 percent, after a downwardly revised 0.33 percent gain in the month prior.
2021-05-06
Taiwan Inflation Rate Eases to 1.26% in March
Taiwan's consumer prices rose 1.26 percent year-on-year in March of 2021, from an upwardly revised 1.40 percent increase in the previous month. Main upward pressure came from prices of fuels and lubricants (17.08%) and transportation fees (11.68%) in particular airfares. In addition, consumer prices rose for eggs (3.16%) and garments (2.90%) as well. In contrast, fruit prices sank 4.55%. On a seasonally adjusted monthly basis, consumer prices grew by 0.34 percent, after an upwardly revised 0.05 percent fall in the month prior.
2021-04-08
Taiwan Inflation Rate Hits 13-Month High
Taiwan's consumer prices rose 1.37 percent year-on-year in February 2021, reversing a revised 0.17 percent decline in the previous month and easily beating market expectations of a 0.8 percent increase. It was the highest rate since January 2020, with upward pressure coming from all categories: transport & communication (2.31 percent); housing (0.64 percent); food (0.40 percent); education & entertainment (1.88 percent); clothing (1.52 percent); health (0.50 percent); and miscellaneous (2.84 percent).
2021-03-09
Taiwan CPI Unexpectedly Drops in January
Consumer prices in Taiwan fell 0.16 percent year-on-year in January of 2021, after increasing 0.06 percent in December and against market expectations of a 0.04 percent rise. Main downward pressure came from prices of transportation & communication (-0.53 percent), namely fuels & lubricants (-10.17 percent) and communication fees (-0.52 percent). Costs also decreased for education & entertainment (-2.59 percent) and miscellaneous (-1.37 percent). On a monthly basis, consumer prices were up 0.51 percent, after increasing 0.17 percent in the previous month.
2021-02-05

Taiwan Inflation Rate
In Taiwan, the consumer price index consists of 7 categories: Food (23.7 percent of the total weight), Housing (22.7 percent), Transportation & communication (15.3 percent), Education & entertainment (14.72 percent), Miscellaneous goods & services (14.67 percent), Clothing (4.6 percent) and Medicines & medical care (4.3 percent).