22:06 - 7.07.2026
July 7, Fineko/abc.az. Consumer inflation in Taiwan accelerated to 2.6% in year-on-year terms in June (up from 2.2% in May), exceeding expectations. Core inflation also rose, reaching 2.45%.
Details of the Report:
Broad-Based Price Increases: Goods became 2.32% more expensive, while services rose by 2.85%, with leisure and dining out experiencing the sharpest increases. A significant contribution was made by the rising cost of housing and electricity due to summer tariffs.
Currency and Import Pressures: Additional pressure came from an increase in import prices (+15.4%) and the weakening of the New Taiwan Dollar.
Market Forecast: Bank of America expects inflationary pressures to persist and admits the possibility of a 12.5 basis point interest rate hike in September.
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