Taiwan's consumer price inflation increased somewhat in July after easing to more than a 4-year low in June, data released by the Directorate General of Budget, Accounting, and Statistics showed on Wednesday.
The consumer price index climbed 1.54 percent year-on-year in July, faster than the 1.36 percent rise in June, which was the slowest CPI inflation since March 2021.
Food inflation accelerated to 2.91 percent in July from 2.82 percent in June. The decline in transportation and communication costs eased to 0.89 percent from 1.36 percent, which also contributed to the rise in inflation. Meanwhile, the growth of health costs slowed to 1.66 percent from 1.89 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.