Cost of food in Taiwan increased 1.71 percent in July of 2019 over the same month in the previous year. Food Inflation in Taiwan averaged 2.41 percent from 1982 until 2019, 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.
Food Inflation in Taiwan is expected to be 1.70 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 1.50 in 12 months time. In the long-term, the Taiwan Food Inflation is projected to trend around 2.00 percent in 2020, according to our econometric models.