The annual inflation rate in Taiwan edged higher to 2.1% in December 2024 from 2.08% in the previous month. This marked the highest inflation rate since August, as prices accelerated for food (4.05% vs 3.82% in November) and housing (2.38% vs 2.32%). Additionally, costs increased at a faster pace for miscellaneous goods (2.55% vs 2.51%) and health (2.44% vs 2.13%), while deflation eased for transportation and communication (-0.32% vs -0.44%). On the other hand, costs slowed for education & entertainment (0.94% vs 1.26%) while deflation continued for clothing (-0.85% vs -0.09%). On a seasonally adjusted monthly basis, the consumer prices increased to 0.15% in December, the most in three months, and up from 0.08% in November 2024. source: Directorate-General of Budget, Accounting and Statistics, Taiwan

Inflation Rate in Taiwan increased to 2.10 percent in December from 2.08 percent in November of 2024. Inflation Rate in Taiwan averaged 3.85 percent from 1960 until 2024, 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 January of 2025.

Inflation Rate in Taiwan increased to 2.10 percent in December from 2.08 percent in November of 2024. Inflation Rate in Taiwan is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-12-05 08:00 AM
Inflation Rate YoY
Nov 2.08% 1.69% 1.8%
2025-01-07 08:00 AM
Inflation Rate YoY
Dec 2.1% 2.08% 2.10% 1.8%
2025-02-07 08:00 AM
Inflation Rate YoY
Jan


Related Last Previous Unit Reference
Consumer Price Index CPI 108.82 108.84 points Dec 2024
Core Inflation Rate 1.65 1.73 percent Dec 2024
CPI Housing Utilities 107.24 107.09 points Dec 2024
CPI Transportation 103.75 103.81 points Dec 2024
Food Inflation 4.10 3.80 percent Dec 2024
Inflation Rate YoY 2.10 2.08 percent Dec 2024
Inflation Rate MoM 0.15 0.08 percent Dec 2024
Producer Prices Change 2.92 1.07 percent Dec 2024

Taiwan Inflation Rate
In Taiwan, the Consumer Price Index consists of 7 categories: Food (25% of the total weight), Housing (23%), Miscellaneous Goods & Services (16%), Transportation & Communication (14%), Education & Entertainment (12%), Clothing (5%), and Healthcare (5%).
Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.08 61.45 -3.09 1960 - 2024 percent Monthly


News Stream
Taiwan Inflation Rate at 4-Month High
The annual inflation rate in Taiwan edged higher to 2.1% in December 2024 from 2.08% in the previous month. This marked the highest inflation rate since August, as prices accelerated for food (4.05% vs 3.82% in November) and housing (2.38% vs 2.32%). Additionally, costs increased at a faster pace for miscellaneous goods (2.55% vs 2.51%) and health (2.44% vs 2.13%), while deflation eased for transportation and communication (-0.32% vs -0.44%). On the other hand, costs slowed for education & entertainment (0.94% vs 1.26%) while deflation continued for clothing (-0.85% vs -0.09%). On a seasonally adjusted monthly basis, the consumer prices increased to 0.15% in December, the most in three months, and up from 0.08% in November 2024.
2025-01-08
Taiwan Inflation Rate Picks Up to 2.1%
The annual inflation rate in Taiwan rose to 2.08% in November 2024, picking up from an over three-and-a-half year low of 1.69% in the previous month. This marked the highest reading in three periods, driven by higher inflation for food (3.82% vs 2.70% in October), housing (2.32% vs 22.24%), and miscellaneous goods (2.51% vs 2.39%). Meanwhile, costs moderated for health (2.13% vs 2.58%), and education & entertainment (1.26% vs 1.27%), while prices continued to decline for clothing (-0.09% vs -0.71%), and transportation & communication (-0.44% vs -0.72%). On a seasonally adjusted monthly basis, the CPI grew 0.08%, following a 0.11% rise in October.
2024-12-05
Taiwan Inflation Rate Eases to Over 3½-Year Low
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.
2024-11-06