Prices: Consumer Price Index for Taiwan Province of China
TWNPCPIPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.54
Year-over-Year Change
26.52%
Date Range
1/1/1990 - 1/1/2029
Summary
The Taiwan Consumer Price Index (CPI) measures the change in the average price level of consumer goods and services purchased by Taiwanese households. It is a key indicator of inflation and economic conditions in Taiwan.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Taiwan CPI tracks the prices of a representative basket of consumer goods and services, including food, housing, transportation, education, and healthcare. It is used by policymakers, economists, and businesses to monitor price trends and guide economic decision-making.
Methodology
The Taiwan CPI is calculated monthly by the Directorate-General of Budget, Accounting and Statistics based on a survey of consumer prices.
Historical Context
The Taiwan CPI is closely watched by the Central Bank of China (Taiwan) and factors into its monetary policy decisions.
Key Facts
- Taiwan CPI is published monthly by the government.
- Taiwan CPI is a key indicator of economic conditions.
- Taiwan CPI tracks a basket of consumer goods and services.
FAQs
Q: What does this economic trend measure?
A: The Taiwan Consumer Price Index (CPI) measures the change in the average price level of consumer goods and services purchased by Taiwanese households.
Q: Why is this trend relevant for users or analysts?
A: The Taiwan CPI is a crucial indicator of inflation and economic conditions in Taiwan, used by policymakers, economists, and businesses to monitor price trends and guide economic decision-making.
Q: How is this data collected or calculated?
A: The Taiwan CPI is calculated monthly by the Directorate-General of Budget, Accounting and Statistics based on a survey of consumer prices.
Q: How is this trend used in economic policy?
A: The Taiwan CPI is closely watched by the Central Bank of China (Taiwan) and factors into its monetary policy decisions.
Q: Are there update delays or limitations?
A: The Taiwan CPI is published monthly by the government with no significant update delays.
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Citation
U.S. Federal Reserve, Prices: Consumer Price Index for Taiwan Province of China (TWNPCPIPCPPPT), retrieved from FRED.