Inflation Climbs in Taiwan
REPORTER:
Inflation in Taiwan has stayed above the 2 percent mark for a fifth straight month.
The consumer price index rose 2.73 percent in September compared to a year before, the biggest jump in over two and a half years. The statistics bureau attributed some of the increase to the cost of fresh produce, up nearly 5 percent compared to a year earlier following heavy rains in August. The bureau also noted a 12 percent annual increase in fuel costs and a 13 percent rise in airfares, both related to the war in Iran.
---
September Inflation Driven by Produce Prices
REPORTER:
Inflation in Taiwan has stayed above 2 percent for a fifth straight month after severe weather drove up fresh produce costs.
The consumer price index rose 2.73 percent in September from a year earlier, the biggest jump since March 2024. Vegetable costs jumped nearly 5 percent year-on-year following heavy rain in central and southern Taiwan during August. That has driven up the cost of dining out by 3.04 percent year-on-year, topping 3 percent for a fourth straight month. The statistics bureau expects inflationary pressures to moderate in October, saying increases remain mild and not widespread.