Inflation rises 1.37% in February

09 March, 2021

By ECCT staff writers

Taiwan's consumer price index (CPI) rose 1.37% in February compared to a year earlier, according to a report by the Directorate General of Budget, Accounting and Statistics (DGBAS). Meanwhile, the core CPI, which excludes the price of fruit, vegetables, and energy, increased 1.63% in February from a year earlier.

Among the seven categories that make up the CPI, miscellaneous goods and services saw the biggest price increase in February, up 2.84% from a year earlier, followed by transportation and communication (2.31%), and education and entertainment (1.88%), the DGBAS said.

In the first two months of the year, the CPI averaged 0.59% growth from a year earlier.

Meanwhile, the wholesale price index fell 0.35% from a year earlier in February, largely reflecting a decline in the price of fuel and coal products, according to DGBAS statistics.

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