Taiwan: Inflation rises in January
Consumer prices rose 0.58% in January over the previous month, swinging from December’s 0.21% drop. January’s result was the highest reading since August 2021. The rebound was broad-based, with greater price pressures recorded for food, housing, and transportation.
Inflation came in at 2.8% in January, which was up from December’s 2.6%. January’s figure represented the highest inflation rate since November 2021. Meanwhile, the trend pointed up mildly, with annual average inflation coming in at 2.2% in January (December: 2.0%).