Taiwan's June Inflation Likely Remained Above 2%

Dow Jones13:08

0508 GMT - Taiwan's June inflation likely remained above the 2% level, which is closely watched by the central bank, for a second consecutive month. Headline CPI likely rose 2.25% on year after a 2.2% gain in May, according to a Wall Street Journal poll of six economists, whose inflation estimates range between 2.1% and 2.4%. Although oil prices have eased, cost pass-through from upstream producers to downstream manufacturers and retailers is expected to persist, DBS economists say in a note. A low base from last year likely also pushed headline inflation higher, Barclays economists said. The inflation print in the next few months will be critical as Taiwan's central bank has tilted slightly hawkish. Both ANZ and DBS expect Taiwan's central bank to deliver a rate hike in September.(sherry.qin@wsj.com)

 

(END) Dow Jones Newswires

July 06, 2026 01:08 ET (05:08 GMT)

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