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Taiwan: Inflation declines to lowest level since March 2021 in May
Latest reading: Inflation eased to 1.5% in May, below April’s 2.0%. May’s figure marked the weakest inflation rate since March 2021. The result was driven by moderating price pressures for food and transportation.
Annual average inflation edged down to 2.1% in May (April: 2.2%).
Finally, consumer prices dropped 0.27% from the previous month in May, contrasting the 0.27% rise logged in April. May’s result marked the weakest reading since February.
