Taiwan's headline inflation dipped to 0.1% in July

It's the slowest pace since August 2010.

According to BBVA Research, Taiwan’s headline inflation remains subdued, moderating to 0.1% y/y in July (consensus: 0.6%; June: 0.6%), recording the slowest pace since August 2010.

Here's more:

On a sequential basis, the CPI index fell by -0.1% m/m sa, dragged down by food prices. With growth momentum starting to improve (Q2 GDP growth rose to 2.3% y/y), we expect the central bank to keep the benchmark interest rate unchanged at 1.875% for the rest of the year, despite low inflation.

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