Nvidia’s results, Indian tariffs, French markets - what’s moving markets
Investing.com -- Taiwan’s Consumer Price Index (CPI) inflation has shown a decrease, coming in at 1.58% year-on-year (yoy) in February, compared to 2.66% in January. This is largely in line with the projected estimate of 1.5%, but under the consensus of 1.8%.
The service price inflation, which had previously peaked during the holiday season, has notably reduced. Additionally, vegetable prices have seen a sequential decline as supply chains have recovered from disruptions caused by typhoons.
The core CPI inflation, which excludes vegetables, fruits, and energy, and accounts for 92.2% of the CPI basket, has also seen a slight moderation. It was recorded at 0.98% yoy in February, down from 1.65% in December.
When considering the combined figures for January and February, the headline and core CPI inflation were recorded at 2.1% and 1.6% yoy, respectively. This continues the trend of gradual moderation in inflation that has been observed since the second half of 2024.
Bank of America economists commented: "The headline inflation has moderated as we expected, confirming that the January pickup is more of a seasonal blip.
"While the potential electricity tariff hike in March/April could add to inflation expectation, we have not yet seen solid evidence of a strong demand-led inflation pickup. We continue to expect the core inflation to stay below 2%, and believe the moderate inflation adds to the case that the CBC would stay on hold in March."
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.