Taiwan: Inflation increases in March
Latest reading: Inflation came in at 2.3% in March, which was up from February’s 1.6%. The uptick in price pressures from February was primarily due to rising price pressures for food, with the main driver behind March’s year-on-year rise in prices being the impact of past typhoons on fruit costs.
The trend was unchanged, with annual average inflation coming in at February’s 2.1% in March.
Finally, consumer prices rose 0.04% over the previous month in March, contrasting the 0.44% drop recorded in February.