Consumer prices in Taiwan fell to 0.05 percent year-on-year in December of 2018, following a 0.31 percent gain in the previous month and below market consensus of a 0.3 percent rise. It was the first drop in consumer prices since October last year, as cost of transportation & communication declined (-1 percent vs 0.7 percent in November). Also, prices decreased further for food (-0.6 percent vs -0.5 percent in November), namely vegetables (-26.1 percent); clothing (-1.2 percent vs -1.1 percent) and education & entertainment (-0.2 percent vs -0.1 percent) while cost of miscellaneous goods & services slowed (1 percent vs 1.9 percent). Meantime, prices advanced at a faster pace for health (0.7 percent vs 0.9 percent) and inflation was steady for housing (0.7 percent, the same as in November). Annual core inflation, which excludes fruits, vegetables and energy went up 0.5 percent, easing from a 0.7 percent increase in the prior month. On a monthly basis, consumer prices fell 0.3 percent. Inflation Rate in Taiwan averaged 4.07 percent from 1960 until 2018, 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.

Inflation Rate in Taiwan is expected to be 0.90 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 1.70 in 12 months time. In the long-term, the Taiwan Inflation Rate is projected to trend around 2.10 percent in 2020, according to our econometric models.

Taiwan Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-05 08:00 AM Inflation Rate YoY 1.72% 1.53% 1.9% 1.7%
2018-11-06 08:00 AM Inflation Rate YoY 1.17% 1.72% 1.53% 1.5%
2018-12-05 08:00 AM Inflation Rate YoY 0.31% 1.17% 0.9% 1.6%
2019-01-08 08:00 AM Inflation Rate YoY -0.05% 0.31% 0.3% 1%
2019-02-12 08:00 AM Inflation Rate YoY -0.05%
2019-03-08 08:00 AM Inflation Rate YoY
2019-04-10 08:00 AM Inflation Rate YoY 0.9%


Taiwan Prices Last Previous Highest Lowest Unit
Inflation Rate -0.05 0.31 61.47 -3.09 percent [+]
Consumer Price Index CPI 101.51 102.03 102.65 10.29 Index Points [+]
Core Consumer Prices 102.27 102.28 102.78 58.64 Index Points [+]
Core Inflation Rate 0.50 0.70 4.95 -1.85 percent [+]
GDP Deflator 104.39 105.22 119.75 21.56 Index Points [+]
Producer Prices 103.18 105.36 124.84 14.49 Index Points [+]
Export Prices 99.30 100.96 139.05 93.50 Index Points [+]
Import Prices 105.81 108.72 132.25 68.98 Index Points [+]
Food Inflation -0.61 -0.45 15.86 -7.56 percent [+]
Producer Prices Change 0.83 3.25 11.85 -13.99 percent [+]
CPI Housing Utilities 101.69 101.72 102.87 62.59 Index Points [+]
CPI Transportation 102.02 103.67 113.13 83.72 Index Points [+]
Inflation Rate Mom -0.29 -0.39 14.61 -3.16 percent [+]


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). 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 - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.05 0.31 61.47 -3.09 1960 - 2018 percent Monthly




Country Last Previous
Argentina 47.10 Dec/18
Australia 1.90 Sep/18
Brazil 3.75 Dec/18
Canada 2.00 Dec/18
China 1.90 Dec/18
Euro Area 1.60 Dec/18
France 1.60 Dec/18
Germany 1.70 Dec/18
India 2.19 Dec/18
Indonesia 3.13 Dec/18
Italy 1.10 Dec/18
Japan 0.30 Dec/18
Mexico 4.83 Dec/18
Netherlands 2.00 Dec/18
Russia 4.30 Dec/18
Saudi Arabia 2.20 Dec/18
Singapore 0.30 Nov/18
South Africa 5.20 Nov/18
South Korea 1.30 Dec/18
Spain 1.20 Dec/18
Switzerland 0.70 Dec/18
Turkey 20.30 Dec/18
United Kingdom 2.10 Dec/18
United States 1.90 Dec/18


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