Taiwan's consumer prices went down 0.58 percent from a year earlier in September of 2020, following a downwardly revised 0.32 percent decrease in the prior month and compared with market expectations of a 0.3 percent drop. It was the eighth consecutive month of deflation, led by prices of transportation & communication (-3.33 percent vs -3.75 percent in August), of which fuels & lubricants (-16.49 percent vs -15.03 percent); food (-0.73 percent vs 0.17 percent) and education & entertainment (-1.44 percent vs -1.39 percent). In addition, inflation slowed for clothing & footwear (1.45 percent vs 1.79 percent); miscellaneous (0.91 percent vs 1.52 percent); health (0.62 percent vs 0.72 percent) and housing (0.22 percent vs 0.24 percent). On a monthly basis, consumer prices went up 0.1 percent, little-changed from a downwardly revised 0.16 percent increase in August.

Inflation Rate in Taiwan averaged 3.96 percent from 1960 until 2020, 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 October of 2020.

Inflation Rate in Taiwan is expected to be -0.30 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 1.60 in 12 months time. In the long-term, the Taiwan Inflation Rate is projected to trend around 1.50 percent in 2021 and 2.20 percent in 2022, according to our econometric models.

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Taiwan Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.58 -0.32 61.47 -3.09 1960 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-07 08:00 AM Jun -0.76% -1.21% -0.87% -1%
2020-08-06 08:00 AM Jul -0.52% -0.76% -0.44% -0.3%
2020-09-08 08:00 AM Aug -0.33% -0.52% -0.3% -0.3%
2020-10-08 08:00 AM Sep -0.58% -0.32% -0.3% -0.2%
2020-11-05 08:00 AM Oct -0.58% -0.1%
2020-12-05 08:00 AM Nov 0.2%


News Stream
Taiwan CPI Falls More than Expected
Taiwan's consumer prices went down 0.58 percent from a year earlier in September of 2020, following a downwardly revised 0.32 percent decrease in the prior month and compared with market expectations of a 0.3 percent drop. It was the eighth consecutive month of deflation, led by prices of transportation & communication (-3.33 percent vs -3.75 percent in August), of which fuels & lubricants (-16.49 percent vs -15.03 percent); food (-0.73 percent vs 0.17 percent) and education & entertainment (-1.44 percent vs -1.39 percent). In addition, inflation slowed for clothing & footwear (1.45 percent vs 1.79 percent); miscellaneous (0.91 percent vs 1.52 percent); health (0.62 percent vs 0.72 percent) and housing (0.22 percent vs 0.24 percent). On a monthly basis, consumer prices went up 0.1 percent, little-changed from a downwardly revised 0.16 percent increase in August.
2020-10-08
Taiwan Consumer Prices Fall the Least in 5 Months
Taiwan's consumer prices were down 0.33 percent from a year earlier in August of 2020, following a 0.52 percent drop in the prior month and broadly in line with market expectations. Still, it was the smallest decrease in consumer prices since March, as cost fell less for transportation & communication (-3.74 percent vs -5.09 percent in July) and education & entertainment (-1.27 percent vs -1.94 percent). In addition, prices rose faster for housing (0.25 percent vs 0.16 percent); miscellaneous (1.36 percent vs 1.34 percent); clothing & footwear (1.65 percent vs 1.57 percent). Meanwhile, inflation slowed for food products (0.17 percent vs 0.78 percent). On a monthly basis, consumer prices went up 0.18 percent, after increasing 0.17 percent in the prior month.
2020-09-08
Taiwan Consumer Prices Fall More than Expected
Taiwan's consumer prices fell 0.52 percent from a year earlier in July 2020, following a 0.76 percent drop in the previous month and compared with marker expectations of a 0.44 percent decrease. Downward pressure came mostly from transportation & communication (-5.09 percent vs -5.64 percent in June), in particular fuels & lubricants (-18.41 percent vs -21.75 percent), communication fees (-3.62 percent vs -4.05 percent) and transportation fees (-2.69 percent vs -2.36 percent); and education & entertainment (-1.94 percent vs -1.48 percent) due to entertainment expenses (-4.14 percent vs -3.05 percent). Meanwhile, cost of food rebounded (0.78 percent vs -0.04 percent); and prices rose further for clothing (1.57 percent vs 1.52 percent); housing (0.16 percent vs 0.10 percent); miscellaneous (1.34 percent vs 0.95 percent). On a monthly basis, consumer prices went up 0.17 percent, slowing from a 0.39 percent gain in the prior month.
2020-08-06
Taiwan CPI Falls Less than Expected
Taiwan's consumer prices dropped 0.76 percent from a year earlier in June 2020, following a revised 1.21 percent decline in the previous month and compared to market expectations of a 0.87 percent fall. Downward pressure came mostly from transportation & communication (-5.64 percent vs -8.53 percent) on the back of fuels & lubricants (-21.75 percent vs -35.28 percent), communication fees (-4.05 percent vs -4.63 percent) and transportation fees (-2.36 percent vs -2.04 percent), and from education & entertainment (-1.48 percent vs -1.73 percent) due to entertainment expenses (-3.05 percent vs -3.52 percent). On the other hand, food prices were little-changed (-0.04 percent vs 0.30 percent), while increases were recorded for clothing (1.52 percent vs 0.76 percent), health (1.24 percent vs 1.08 percent), housing (0.10 percent vs 0.0 percent) and miscellaneous (0.95 percent vs 0.87 percent).
2020-07-07

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).