The annual inflation rate in Taiwan accelerated to 2.71% in December of 2022, following a 2.35% gain in the previous month and above market forecasts of 2.5%. Main upward pressure came from the prices of transportation and communication (2.18% vs 0.69% in November); food (4.93% vs 4.12%); educational and entertainment (2.27% vs 2.03%); and housing and utilities (2.4% vs 2.35%). On the other hand, costs increased at a slower pace for clothing and footwear (0.8% vs 1.69%); miscellaneous goods (1.53% vs 1.79%); and health (1.41% vs 1.45%). On a seasonally adjusted monthly basis, consumer prices advanced 0.33% in December, accelerating from a 0.07% rise in November. source: Directorate-General of Budget, Accounting and Statistics, Taiwan

Inflation Rate in Taiwan averaged 3.90 percent from 1960 until 2022, reaching an all time high of 61.45 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 February of 2023.

Inflation Rate in Taiwan is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Inflation Rate is projected to trend around 3.40 percent in 2024 and 2.70 percent in 2025, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Taiwan Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-12-06 08:00 AM Nov 2.35% 2.74% 2.5% 2.6%
2023-01-06 08:00 AM Dec 2.71% 2.35% 2.5% 2.2%
2023-02-09 08:00 AM Jan 2.71% 2.9%


Related Last Previous Unit Reference
Inflation Rate 2.71 2.35 percent Dec 2022
Consumer Price Index CPI 108.27 108.10 points Dec 2022
Core Inflation Rate 2.71 2.86 percent Dec 2022
Food Inflation 4.93 4.12 percent Dec 2022
Producer Prices Change 6.42 7.13 percent Dec 2022
Inflation Rate MoM 0.33 0.07 percent Dec 2022
CPI Transportation 107.92 107.90 points Dec 2022
CPI Housing Utilities 106.63 106.52 points Dec 2022

Taiwan Inflation Rate
In Taiwan, the Consumer Price Index consists of 7 categories: Food (25% of the total weight), Housing (23%), Miscellaneous Goods & Services (16%), Transportation & Communication (14%), Education & Entertainment (12%), Clothing (5%), and Healthcare (5%).
Actual Previous Highest Lowest Dates Unit Frequency
2.71 2.35 61.45 -3.09 1960 - 2022 percent Monthly

News Stream
Taiwan Inflation Rate Rises More than Expected
The annual inflation rate in Taiwan accelerated to 2.71% in December of 2022, following a 2.35% gain in the previous month and above market forecasts of 2.5%. Main upward pressure came from the prices of transportation and communication (2.18% vs 0.69% in November); food (4.93% vs 4.12%); educational and entertainment (2.27% vs 2.03%); and housing and utilities (2.4% vs 2.35%). On the other hand, costs increased at a slower pace for clothing and footwear (0.8% vs 1.69%); miscellaneous goods (1.53% vs 1.79%); and health (1.41% vs 1.45%). On a seasonally adjusted monthly basis, consumer prices advanced 0.33% in December, accelerating from a 0.07% rise in November.
2023-01-06
Taiwan Inflation Rate Eases to 9-Month Low
The annual inflation rate of Taiwan eased to 2.35% in November 2022, compared to an upwardly revised 2.74% in the previous month and below market expectations of 2.50%. It was the lowest inflation rate in nine months, as prices increased at a slower pace for most sub-indexes: food (4.12% vs 5.18% in October); clothing (1.69% vs 1.76%); housing (2.35% vs 2.43%); transportation & communication (0.69% vs 1.53%); health (1.45% vs 1.94%); and miscellaneous goods (1.79% vs 2.20%). However, costs rose faster for education & entertainment (2.03% vs 1.24%). On a seasonally adjusted monthly basis, consumer prices grew by 0.07%, following a 0.13% rise in October.
2022-12-06
Taiwan Inflation Rate Steady in October
The annual inflation rate of Taiwan was little changed at 2.72% in October of 2022, compared to 2.75% in the previous month, and in line with market forecasts of 2.7%. Prices rose at a slower pace for clothing (1.53% vs 3.58% in September), transport & communication (1.54% vs 2.24%), housing (2.42%vs 2.55%) and food (5.17% vs 5.30%). At the same time, inflation accelerated for education & entertainment (1.23% vs 0.04%) and health (1.94% vs 1.34%). On a seasonally adjusted monthly basis, consumer prices increased by 0.12%, following a 0.03% rise in the previous month.
2022-11-08