Taiwan's CPI increased to 2.42% annually in June due to rising costs, surpassing the central bank's 2% target.
Taiwan's consumer price index (CPI) increased to 2.42% annually in June due to rising food, medical, rental and dining costs, according to the Directorate-General of Budget, Accounting and Statistics. This marks the highest rate of inflation in four months and outpaces the central bank's 2% target. The core CPI, excluding volatile items such as food and energy, rose 1.83% year-on-year.
July 05, 2024
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