October CPI rises 2.72%

By ECCT staff writers

Taiwan’s Consumer Price Index (CPI) increased by 2.72% in October 2022 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 attributed to a rise in the sub-index for eggs by 34.53%. Meanwhile the sub-index for fish and seafood also rose 6.51%. Moreover, the indices for food away from home, meats, household appliances, as well as residential rent rose 6.40%, 5.84%, 4.02% and 2.02%, respectively. However, the indices for communication equipment and fruits fell 5.45% and 3.77%, offsetting part of the increase.