Inflation in Taiwan accelerated for a fourth consecutive month in June, data from the Director-general of Budget, Accounting and Statistics showed Thursday.
The consumer price index rose 1.77 percent year-on-year in June, slightly faster than May's 1.74 percent increase. The outcome was almost in line with economists' forecast for a 1.78 percent rise. Food prices went up 4.4 percent, of which vegetable prices were 30.54 percent higher than a year earlier. Housing costs increased 1.08 percent.
Transportation and communication costs, meanwhile, declined 1.28 percent annually. The core price index, that excludes fruits, vegetables, fish, shellfish and energy, moved up 0.82 percent year-on-year.
Month-on-month, the CPI rose 0.64 percent. Core CPI increased 0.12 percent.
The wholesale price index decreased 1.7 percent year-on-year in June and fell 1.06 percent from the previous month.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.