Taiwan’s Inflation Climbs at the Slowest Pace Since Early 2021

Inflation in Taiwan increased at the slowest pace since March 2021, though that is unlikely to convince the central bank to abandon its hawkish stance.

The consumer price index rose 1.69% in October from a year earlier, the statistics bureau in Taipei said in a statement on Wednesday. That compared with the median estimate of 1.8% from economists surveyed by Bloomberg.