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.