6 June 2025 Emerging Asia Monitor Taiwanese inflation finally below 2%, due to easing cost-push factors

Taiwan’s CPI moderated sharply to 1.6% in May, due to food, transport and “Liberation Day”.
Philippine CPI fell to a 5.5-year low in May, but this should be the nadir, as food CPI will soon creep up.
Indonesia’s U-turn on electricity discounts has compelled us to raise our 2025 CPI call to 1.8%.

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