Taiwan’s annual inflation rate rose to 2.63 percent in September of 2021 from a downwardly revised 2.35 percent in the previous month and above market expectation of 2.2 percent. It was the highest inflation rate since Feb of 2013 as prices rose at an accelerated pace for transport and communication (7.2 percent vs 6.5 percent in August); clothing (2.84 percent vs 1.1 percent); housing (1.4 percent vs 1.2 percent); health (0.32 vs 0.15); and education & entertainment (2.8 percent vs 1.1 percent). Meanwhile, inflation for utilities remained barely unchanged at 1.93 percent whereas slowed for food (3.5 percent vs 3.8 percent). On a seasonally adjusted monthly basis, consumer prices went up 0.5 percent, following a 0.3 increase in August. source: Directorate-General of Budget, Accounting and Statistics, Taiwan

Inflation Rate in Taiwan averaged 3.92 percent from 1960 until 2021, 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 2021.

Inflation Rate in Taiwan is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Inflation Rate is projected to trend around 2.30 percent in 2022 and 2.50 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Taiwan Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-07-07 08:00 AM Jun 1.89% 2.48% 2.3% 2.5%
2021-08-05 08:00 AM Jul 1.95% 1.87% 1.81% 1.7%
2021-09-07 08:00 AM Aug 2.36% 1.92% 1.9% 2.1%
2021-10-06 08:00 AM Sep 2.63% 2.35% 2.2% 2.6%
2021-11-05 08:00 AM Oct 2.63%
2021-12-05 08:00 AM Nov


News Stream
Taiwan September Inflation at Near 9-year High
Taiwan’s annual inflation rate rose to 2.63 percent in September of 2021 from a downwardly revised 2.35 percent in the previous month and above market expectation of 2.2 percent. It was the highest inflation rate since Feb of 2013 as prices rose at an accelerated pace for transport and communication (7.2 percent vs 6.5 percent in August); clothing (2.84 percent vs 1.1 percent); housing (1.4 percent vs 1.2 percent); health (0.32 vs 0.15); and education & entertainment (2.8 percent vs 1.1 percent). Meanwhile, inflation for utilities remained barely unchanged at 1.93 percent whereas slowed for food (3.5 percent vs 3.8 percent). On a seasonally adjusted monthly basis, consumer prices went up 0.5 percent, following a 0.3 increase in August.
2021-10-06
Taiwan August Inflation Rises To 2.36%
Taiwan’s annual inflation rate rose to 2.36 percent in August of 2021 from a downwardly revised 1.92 percent in the previous month and above market expectation of 1.9 percent. Prices increased at a faster pace for food (3.84 percent vs 2.45 percent in July), housing (1.25 percent vs 0.7 percent); and education and entertainment (1.1 percent vs 0.85 percent). Additionally, prices rebounded both for utilities (1.9 percent vs -5 percent); and health (0.15 percent vs -0.17 percent). On the other hand, costs slowed for transport and communication (6.51 percent vs 6.95 percent) and clothing (2.04 percent vs 2.07 percent). On a seasonally adjusted monthly basis, consumer prices went up by 0.31 percent, following a 0.08 percent increase in July.
2021-09-07
Taiwan July Inflation Rate Above Forecasts
Taiwan's annual inflation rate rose to 1.95 percent in July of 2021 from a downwardly revised 1.87 percent in the previous month and above market expectations of 1.81 percent. Main upward pressure came from transportation & communication (6.95 percent), of which fuels & lubricants (25.87 percent) and transportation fees (12.27 percent). Prices also grew for: food (2.45 percent); clothing (2.07 percent); education & entertainment (0.85 percent) and housing (0.69 percent). On a seasonally adjusted monthly basis, consumer prices went up 0.1 percent, following a 0.2 percent increase in the previous month.
2021-08-05
Taiwan June Inflation Rate Slows from 2013 High
Annual inflation rate in Taiwan slowed to 1.89 percent in June of 2021 from an 8-year high of 2.48 percent in May, below market forecasts of 2.3 percent. Prices increased at a softer pace for fuels & lubricants (27.78 percent vs 43.92 percent in May) and transportation fees (15.0 percent vs 15.61 percent). Also, prices for water, electricity and gas fell 10.88 percent as summer electricity rates were suspended for households due to the COVID-19 relief measure. On a seasonally adjusted monthly basis, consumer prices edged down by 0.2 percent.
2021-07-07

Taiwan Last Unit Reference Previous Highest Lowest
Inflation Rate 2.63 percent Sep/21 2.35 61.47 -3.09
Consumer Price Index CPI 105.09 points Sep/21 104.91 105.09 10.29
Core Inflation Rate 1.74 percent Sep/21 1.32 4.95 -1.85
Food Inflation 3.54 percent Sep/21 3.84 15.86 -7.56
Producer Prices Change 11.96 percent Sep/21 11.96 67.33 -13.99
Inflation Rate Mom 0.51 percent Sep/21 0.31 14.61 -3.16
CPI Transportation 105.42 points Sep/21 105.30 113.13 83.72
CPI Housing Utilities 104.80 points Sep/21 104.67 104.80 62.59


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).