Taiwan Inflation rate
At its monetary policy meeting on 18 June, the Board of Directors of Taiwan’s Central Bank unanimously decided to maintain the discount rate unchanged at the record low of 1.125%. In addition, inflation slowed mostly for food (0.30% vs 1.27%), pushed down by vegetables (-14.92%); housing (0.04% vs 0.15%) and clothing (0.74% vs 1.68%). Inflation Rate in Taiwan averaged 3.98 percent from 1960 until 2020, 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. (billed annually) On the other hand, food prices were little-changed (-0.04 percent vs 0.30 percent), while increases were recorded for clothing (1.52 percent vs 0.76 percent), health (1.24 percent vs 1.08 percent), housing (0.10 percent vs 0.0 percent) and miscellaneous (0.95 percent vs 0.87 percent).Consumer prices in Taiwan fell further by 1.19% year-on-year in May of 2020, after a downwardly revised 0.96% decrease in the prior month and compared with market consensus of a 0.80% decrease. (compared to the previous year) Consumer prices in Taiwan edged down 0.01 percent year-on-year in March of 2020, following a 0.21 percent decrease in the prior month and against market expectations of a 0.13 increase. Big Mac index - global prices for a Big Mac 2020 In 2019, inflation rate for Taiwan Province of China was 0.5 %. Read more
Smartphone market share worldwide by vendor 2009-2020 Please log in to access our additional functions Taiwan's consumer prices dropped 0.76 percent from a year earlier in June 2020, following a revised 1.21 percent decline in the previous month and compared to market expectations of a 0.87 percent fall. Inflation Rate YoY Inflation measures the general evolution of prices. Please create an employee account to be able to mark statistics as favorites. *Duration: 12 months, billed annually, single license
After 2030, the population is expected to decline slowly, shrinking down to 16.31 million people by 2099. KPIs for more than 20,000 online stores Industry Outlook
Advertising & Media Outlook IMF, Taiwan: Inflation rate from 1984 to 2021 (compared to the previous year) Statista, https://www.statista.com/statistics/727598/inflation-rate-in-taiwan/ (last visited July 31, 2020)Consumer Market Outlook Digital Market Outlook Mobility Market Outlook Technology Market Outlook Read more In addition, inflation slowed for food (1.62 percent vs 1.76 percent) and housing (0.48 percent vs 0.50 percent). On the other hand, inflation slowed for food (1.27 percent vs 1.61 percent) and housing (0.15 percent vs 0.45 percent).
On a monthly basis, consumer prices dropped 0.12%, following a 0.72% decrease in the previous month.
Customized Research & Analysis projects: In 2019, the average inflation rate in Taiwan … Main downward pressure came from prices of transportation & communication (-4.29 percent vs -2.29 percent in February), namely fuels & lubricants (-16.96 percent vs -4.18 percent), hit by falling global oil prices and the coronavirus pandemic. In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. Projections are based on an assessment of the economic climate in individual countries and the world economy, using a combination of model-based analyses and expert judgement. Taiwan: Central Bank holds rates at record-low level in June. Core consumer prices in Taiwan increased 0.13 percent in June of 2020 over the same month in the previous year. Report Shop Topics Single Account Social media - Statistics & Facts Quick Analysis with our professional Research Service: Chart. Research & Analysis In 2018, the average inflation rate in Thailand amounted to about 1.06 percent compared to the previous year, when it was just recovering from a slump below the 0-percent-mark in 2015. 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).
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