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. source: Directorate-General of Budget, Accounting and Statistics, Taiwan

Inflation Rate in Taiwan averaged 3.93 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 July of 2021.

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 0.80 in 12 months time. In the long-term, the Taiwan Inflation Rate is projected to trend around 2.00 percent in 2022, 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

Actual Previous Highest Lowest Dates Unit Frequency
1.89 2.48 61.47 -3.09 1960 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-08 08:00 AM Mar 1.26% 1.40% 1.4% 1.4%
2021-05-06 08:00 AM Apr 2.09% 1.24% 1.7% 1.8%
2021-06-08 08:00 AM May 2.48% 2.10% 2.2% 2.3%
2021-07-07 08:00 AM Jun 1.89% 2.48% 2.3% 2.5%
2021-08-05 08:00 AM Jul 1.89%
2021-09-08 08:00 AM Aug
2021-10-08 08:00 AM Sep
2021-11-05 08:00 AM Oct


News Stream
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 May Inflation Rate Highest since 2013
Taiwan's consumer prices advanced 2.48 percent year-on-year in May of 2021, following an upwardly revised 2.10 percent increase in the previous month and faster than a market consensus of 2.2 percent rise. It was the highest inflation rate since February of 2013, mainly driven by prices of transportation & communication (9.50 percent), in particular fuels & lubricants (43.92 percent) and transportation fees (15.61 percent). Additional upward pressure came from costs of food (1.69 percent), housing (1.08 percent), education & entertainment (1.73 percent) and clothing (2.65 percent). On a seasonally adjusted monthly basis, consumer prices grew by 0.23 percent.
2021-06-08
Taiwan Inflation at Over 3-Year High
Taiwan's consumer prices rose 2.09 percent percent year-on-year in April of 2021, following a downwardly revised 1.24 percent increase in the previous month and faster than a market consensus of 1.7 percent. It was the highest inflation rate since February of 2018, mostly driven by prices of transportation & communication (9.39 percent), in particular fuels & lubricants (47.95 percent) and transportation fees (14.75 percent). In addition, consumer prices rose for food (0.61 percent), housing (0.96 percent), and education & entertainment (1.80 percent). On a seasonally adjusted monthly basis, consumer prices grew by 0.20 percent, after a downwardly revised 0.33 percent gain in the month prior.
2021-05-06
Taiwan Inflation Rate Eases to 1.26% in March
Taiwan's consumer prices rose 1.26 percent year-on-year in March of 2021, from an upwardly revised 1.40 percent increase in the previous month. Main upward pressure came from prices of fuels and lubricants (17.08%) and transportation fees (11.68%) in particular airfares. In addition, consumer prices rose for eggs (3.16%) and garments (2.90%) as well. In contrast, fruit prices sank 4.55%. On a seasonally adjusted monthly basis, consumer prices grew by 0.34 percent, after an upwardly revised 0.05 percent fall in the month prior.
2021-04-08

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).