News
CPI rises 3.59% in June
By ECCT staff writers, DGBAS
Taiwan’s official Consumer Price Index (CPI) in June 2022 increased 3.59% compared with the same month of 2021. According to a news release by the Directorate General of Budget Accounting and Statistics (DGBAS), the rise was mainly because the index for fruits rose 25.31% while the index for electricity rose 22.47% given a relatively lower comparison base as summer electricity rates were suspended for households due to the Covid-19 relief measure last June.
In addition, the index for fuels and lubricants rose 7.86% as the crude oil prices went up while the index for meats rose 6.78%. Moreover, indices for food away from home, as well as residential rent rose 6.38% and 1.85%, respectively. The core CPI increased 2.77%.
For the first half year of 2022, the CPI increased 3.13% over the same period of 2021. The indices for commodity and services moved up 4.25% and 2.17%, respectively. The core CPI increased 2.41%.
In addition, the index for fuels and lubricants rose 7.86% as the crude oil prices went up while the index for meats rose 6.78%. Moreover, indices for food away from home, as well as residential rent rose 6.38% and 1.85%, respectively. The core CPI increased 2.77%.
For the first half year of 2022, the CPI increased 3.13% over the same period of 2021. The indices for commodity and services moved up 4.25% and 2.17%, respectively. The core CPI increased 2.41%.
