Taiwan Inflation Rate

Last Release

Oct 31, 2024

Actual

1.69

Units In

1.82

Frequency

Monthly

Next Release

Dec 05, 2024

Time to Release

27 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
61.45 Mar 1974	-3.09 Oct 1970	3.85 %	1960-2024	N/A

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).

Latest Updates

The annual inflation rate in Taiwan eased to 1.69% in October 2024, the lowest since March 2021, down from 1.82% in September and below market forecasts of 1.8%. The decline was mainly driven by lower inflation in several sub-indexes, including food (2.70% vs 3.0% in September), housing (2.25% vs 2.39%), health (2.51% vs 2.60%), and education & entertainment (1.27% vs 1.74%). Additionally, clothing prices declined by 0.74%, following a 0.16% rebound in September. On a seasonally adjusted monthly basis, consumer prices rose by 0.11%, slowing from an 18-month high of 0.38% in the previous period/