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Taiwan CPI Rises 1.48% Amid Pork Price Surge

11/7/2025

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Summary

Story summary

Taipei reported a 1.48% increase in Taiwan's consumer price index (CPI) for October 2023, driven by a 9.07% rise in pork prices, the highest in nearly 20 months.
The increase in CPI is linked to higher spending during three long weekends, while core CPI rose by 1.84%.
The government imposed a temporary ban on pig transport due to an African swine fever outbreak, but sufficient frozen pork supplies helped stabilize prices.
The producer price index (PPI) decreased by 3.5%, indicating lower prices in various sectors, with overall inflation remaining below the central bank's 2% target.

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Story summary

Taipei reported a 1.48% increase in Taiwan's consumer price index (CPI) for October 2023, driven by a 9.07% rise in pork prices, the highest in nearly 20 months.
The increase in CPI is linked to higher spending during three long weekends, while core CPI rose by 1.84%.
The government imposed a temporary ban on pig transport due to an African swine fever outbreak, but sufficient frozen pork supplies helped stabilize prices.
The producer price index (PPI) decreased by 3.5%, indicating lower prices in various sectors, with overall inflation remaining below the central bank's 2% target.