Cost of food in Taiwan increased 0.17 percent in August of 2020 over the same month in the previous year.
Food Inflation in Taiwan averaged 2.38 percent from 1982 until 2020, reaching an all time high of 15.86 percent in September of 1994 and a record low of -7.56 percent in September of 1991. This page provides the latest reported value for - Taiwan Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Taiwan Food Inflation - values, historical data and charts - was last updated on September of 2020.
Food Inflation in Taiwan is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Taiwan to stand at 2.00 in 12 months time. In the long-term, the Taiwan Food Inflation is projected to trend around 2.00 percent in 2021, according to our econometric models.