The annual inflation rate in Taiwan increased to 1.85% in January of 2020 from 1.13% in December, above market expectations of 1.25%. It is the highest inflation rate since April of 2018, due to the effects of the Chinese New Year holiday. Biggest price increases were seen for services for nursery and nursing care (29.2%), due to New Year's pay raise convention, fruits (14.9%), vegetables (13%), fuels and lubricants (6.7%), entertainment (4.6%) and personal effects (3%), mainly precious metals ornaments and jewellery. On the other hand, downward pressure came from cost of eggs (-17.1%) and communication fees (-6.6%). On a monthly basis, consumer prices edged up 0.11%, after a 0.25% rise in December.

Inflation Rate in Taiwan averaged 4.01 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.

Inflation Rate in Taiwan is expected to be 1.30 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 1.20 in 12 months time. In the long-term, the Taiwan Inflation Rate is projected to trend around 1.70 percent in 2021 and 2.50 percent in 2022, according to our econometric models.


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Taiwan Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.85 1.13 61.47 -3.09 1960 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-06 08:00 AM Oct 0.39% 0.43% 0.47% 0.5%
2019-12-05 08:00 AM Nov 0.59% 0.38% 0.68% 0.5%
2020-01-07 08:00 AM Dec 1.13% 0.59% 0.88% 1.0%
2020-02-06 08:00 AM Jan 1.85% 1.13% 1.25% 1.4%
2020-03-06 08:00 AM Feb 1.85% 2.1%
2020-04-08 08:00 AM Mar 1.7%
2020-05-07 08:00 AM Apr
2020-06-05 08:00 AM May


News Stream
Taiwan Inflation Rate Highest in Near 2 Years
The annual inflation rate in Taiwan increased to 1.85% in January of 2020 from 1.13% in December, above market expectations of 1.25%. It is the highest inflation rate since April of 2018, due to the effects of the Chinese New Year holiday. Biggest price increases were seen for services for nursery and nursing care (29.2%), due to New Year's pay raise convention, fruits (14.9%), vegetables (13%), fuels and lubricants (6.7%), entertainment (4.6%) and personal effects (3%), mainly precious metals ornaments and jewellery. On the other hand, downward pressure came from cost of eggs (-17.1%) and communication fees (-6.6%). On a monthly basis, consumer prices edged up 0.11%, after a 0.25% rise in December.
2020-02-06
Taiwan Inflation Rate Highest in Over a Year
The annual inflation rate in Taiwan increased to 1.13% in December 2019 from 0.59% in November, above market expectations of 0.88%. It is the highest inflation rate since October 2018, mainly boosted by cost of food (3% vs 1.9% in November), namely vegetables (22%) and fruits (13%). Also, prices of fuel and lubricants rebounded (4.3% vs -5.5%) amid higher oil prices. Other upward pressure came from cost of housing (0.5% vs 0.3%); personal effects (3.2% vs 3%), namely precious metals ornaments and jewellery; and medical care services (1.6%, the same as in November), due to a rise in ward fee and registration fee for medical treatment. On a monthly basis, inflation climbed to 0.3% from -0.1%.
2020-01-07
Taiwan Annual Inflation Rate at 5-Month High
The annual inflation rate in Taiwan rose to 0.59 percent in November of 2019 from a revised 0.38 percent in the previous month and below market expectations of 0.68 percent. It was the highest inflation rate since June, as prices increased further for food (1.86 percent from 1.64 percent in October); education & entertainment (1.22 percent vs 0.92 percent) and health (1.07 percent vs 0.76 percent) while transport & communication cost fell at a softer pace (-2.14 percent vs -3.18 percent). On the other hand, prices slowed for housing (0.33 percent vs 0.34 percent); miscellaneous goods & services (1.0 percent vs 1.17 percent) and clothing (0.54 percent vs 1.31 percent). On a seasonally adjusted monthly basis, consumer prices dropped 0.1 percent, after decreasing 0.4 percent in the previous month.
2019-12-05
Taiwan Inflation Rate Slows More than Expected
Consumer prices in Taiwan increased 0.39 percent year-on-year in October of 2019, below 0.43 percent in each of the previous two months and compared to market expectations of 0.47 percent. A slowdown was seen in cost of food (1.65 percent compared to 1.97 percent in September), housing (0.34 percent compared to 0.37 percent) and health (0.76 percent compared to 0.9 percent) and cost of transportation & communication fell further (-3.15 percent compared to percent -2.71 percent). On the other hand, prices increased faster for education and entertainment (0.95 percent compared to 0.93 percent) and miscellaneous (1.17 percent compared to 1.15 percent) and rebounded for clothing (1.31 percent compared to -0.98 percent). On a monthly basis, consumer prices dropped 0.35 percent.
2019-11-06

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).