Latest reading: Consumer prices increased 3.7% on a year-on-year basis in December, following a 3.5% increase in the prior month...
Inflation in Taiwan
Consumer price inflation in Taiwan averaged 1.3% in the ten years to 2024, in line with the East & South Asia regional average of 2.5%. The 2024 average figure was 2.2%. For more information on inflation, visit our dedicated page.
Taiwan Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Taiwan from 2014 to 2025.
Source: Macrobond.
Taiwan Inflation Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | -0.2 | 2.0 | 2.9 | 2.5 | 2.2 |
| Inflation (CPI, ann. var. %, eop) | 0.0 | 2.6 | 2.7 | 2.7 | 2.1 |
| Inflation (Core, ann. var. %, aop) | 0.4 | 1.3 | 2.6 | 2.6 | 1.9 |
Inflation accelerates in December from November
Latest reading: Consumer prices increased 1.3% on a year-on-year basis in December, following a 1.2% rise in the prior month. Relative to the prior month's data, price pressures were higher for education and entertainment in December (+1.7% in annual terms vs +1.3% in November). In contrast, there were milder price pressures for food (+1.2% vs +1.5% in November) and transportation (-1.4% vs -1.1% in November). Finally, the change in housing prices was the same as in the prior month (+1.9% in December and November). Finally, consumer prices rose 0.07% in December in month-on-month terms, following a 0.15% decline in the previous month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Taiwanese inflation projections for the next ten years from a panel of 30 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Taiwanese inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Taiwanese inflation projections.
Want to get access to the full dataset of Taiwanese inflation forecasts? Send an email to info@focus-economics.com.
Latest Global Inflation News
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Australia: Inflation picks up in December from November -
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Japan: Inflation eases to lowest since March 2022 in December Latest reading: Consumer prices were up 2.1% on a year-on-year basis in December, following a 2.9% rise in the prior... -
Croatia: Inflation ebbs in December from prior month Latest reading: Harmonized consumer prices rose 3.8% in annual terms in December, following a 4.3% increase in the prior month.... -
Hong Kong: Inflation rises in December from the prior month Latest reading: Consumer prices were up 1.5% on a year-on-year basis in December, following a 1.2% rise in the previous... -
Canada: Inflation rises in December from November Latest reading: Consumer prices were up 2.4% in annual terms in December, following a 2.2% increase in the previous month.... -
South Africa: Inflation inches up in December Latest reading: Consumer prices were up 3.6% in annual terms in December, following a 3.5% rise in the previous month....