The annual inflation rate of Taiwan inched up to 3.39 percent in May of 2022 from 3.38 percent in the previous month, beating market expectations of 3.3 percent. It was the highest inflation rate since August of 2012, amid a pickup in prices of food (7.40 percent vs 6.91 percent in April), housing (2.03 percent vs 1.78 percent) and health (1.23 percent vs 0.88 percent). Meanwhile prices eased for clothing (2.57 percent vs 2.82 percent), transport and communication (4.59 percent vs 5.01 percent), education and entertainment (1.00 percent vs 1.17 percent) and miscellaneous items (0.92 percent vs 1.50 percent). At the same time, the core inflation quickened to 2.60 percent from 2.53 percent in April. On a seasonally adjusted monthly basis, consumer prices rose 0.32 percent, slowing from a 0.39 percent advance in the previous month. source: Directorate-General of Budget, Accounting and Statistics, Taiwan

Inflation Rate in Taiwan averaged 3.91 percent from 1960 until 2022, reaching an all time high of 61.45 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 June of 2022.

Inflation Rate in Taiwan is expected to be 3.50 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 1.00 percent in 2023, according to our econometric models.

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Taiwan Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-06 08:00 AM Apr 3.38% 3.27% 3.25% 3.2%
2022-06-07 08:00 AM May 3.39% 3.38% 3.3% 3.3%
2022-07-06 08:00 AM Jun 3.39%


Related Last Previous Unit Reference
Inflation Rate 3.39 3.38 percent May 2022
Consumer Price Index CPI 107.40 107.14 points May 2022
Core Inflation Rate 2.60 2.53 percent May 2022
Food Inflation 6.91 5.90 percent Apr 2022
Producer Prices Change 16.62 15.56 percent May 2022
Inflation Rate Mom 0.32 0.39 percent May 2022
CPI Transportation 108.65 108.99 points May 2022
CPI Housing Utilities 105.29 105.00 points May 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
3.39 3.38 61.45 -3.09 1960 - 2022 percent Monthly

News Stream
Taiwan Inflation Rate Remains at 10-Year High
The annual inflation rate of Taiwan inched up to 3.39 percent in May of 2022 from 3.38 percent in the previous month, beating market expectations of 3.3 percent. It was the highest inflation rate since August of 2012, amid a pickup in prices of food (7.40 percent vs 6.91 percent in April), housing (2.03 percent vs 1.78 percent) and health (1.23 percent vs 0.88 percent). Meanwhile prices eased for clothing (2.57 percent vs 2.82 percent), transport and communication (4.59 percent vs 5.01 percent), education and entertainment (1.00 percent vs 1.17 percent) and miscellaneous items (0.92 percent vs 1.50 percent). At the same time, the core inflation quickened to 2.60 percent from 2.53 percent in April. On a seasonally adjusted monthly basis, consumer prices rose 0.32 percent, slowing from a 0.39 percent advance in the previous month.
2022-06-07
Taiwan Inflation Rate at Near 10-Year High
The annual inflation rate of Taiwan inched up to 3.38 percent in April of 2022 from 3.27 percent in the previous month and beat market expectations of 3.25 percent. It was the highest inflation rate since August of 2012, amid a pickup in prices of food (6.91 percent vs 5.90 percent in March) and housing (1.78 percent vs 1.55 percent). Upward pressure was also high in transportation & communication but eased slightly on the month (5.01 percent vs 5.92 percent). At the same time, the core inflation quickened to 2.53 percent from 2.47 percent in March. On a seasonally adjusted monthly basis, consumer prices rose 0.39 percent, slowing from an upwardly revised 0.80 percent advance.
2022-05-06
Taiwan Inflation Rate at Over 9-1/2-Year High
Taiwan's annual inflation rate rose to 3.27 percent in March of 2022 from 2.3 percent in the previous month and above market expectations of 2.9 percent. It was the highest inflation rate since August of 2012, driven mainly by rise in prices of vegetables (+24.34% on year) due to the cold snap and a relatively lower comparison base. Prices also went up for eggs (+23.00%) amid increased feeding costs while fuels and lubricants surged 19.20% amid a rise in international oil prices. Moreover, prices for fruits, food away from home, transportation fees, meats, as well as household appliances accelerated 8.53%, 5.26%, 4.62%, 4.54%, and 3.25%, respectively. However, the index for communication equipment fell 4.40%, offsetting part of the increase. On a seasonally adjusted monthly basis, consumer prices went up 0.31 percent, whereas for the first quarter of 2022, increased 2.81 percent on year.
2022-04-08