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Taiwan: Inflation rises in August but remains mild
Latest reading: Inflation rose to 1.6% in August, above July’s 1.5%. The acceleration was primarily driven by increasing price pressures for food and housing.
The trend was unchanged, with annual average inflation coming in at July’s 1.9% in August.
Finally, consumer prices increased 0.46% in August over the previous month, picking up from the 0.37% rise recorded in July. August’s uptick marked the sharpest increase in prices since January.
