News
CPI rises 2.35%
By ECCT staff writers, DGBAS
Taiwan’s Consumer Price Index CPI in March 2023 increased 2.35%, compared with the same month of 2022. According to a news release from the Directorate General of Budget Accounting and Statistics (DGBAS), this was mainly because the indices for eggs and fruits rose 25.05% and 11.80%, respectively. The index for services for entertainment also rose 6.46% due to an increase in demand. Moreover, the indices for services for nursery and nursing care, meats, food away from home, residential rent as well as household appliances rose 6.23%, 5.75%, 4.08%, 2.32% and 1.86%, respectively.
However, the indices for fuels and lubricants, communication equipment as well as vegetables fell 6.74%, 5.48% and 1.79%, offsetting part of the increase. The core CPI increased 2.55%, according to the DGBAS.
For the first quarter of 2023, the CPI increased 2.62% from the same period of 2022. The indices for commodity and service moved up 2.42% and 2.81%, respectively. The core CPI increased 2.69%.
