Taiwan's consumer price index (CPI) increased by 2.04 percent in August compared to the previous year, marking the fourth consecutive month it has surpassed the central bank's two-percent inflation threshold. While this figure represents a slight cooling from July's 2.52 percent rise, core inflation remains elevated at 2.30 percent. Significant price hikes were observed in transportation, communication, and entertainment, driven largely by rising fuel costs and increased group travel expenses. Additionally, dining-out costs saw a notable 3.17 percent increase, a trend officials expect to persist. Despite these pressures, the government maintains that overall inflation remains manageable and shows no immediate signs of imported inflationary shocks. Looking ahead, authorities anticipate that CPI growth may continue to exceed the two-percent mark throughout September due to anticipated fluctuations in vegetable and energy prices.
Source : Focus Taiwan
