Taiwan CPI slightly up in September

Taiwan’s consumer price index (CPI) rose 0.29 percent year-on-year in September, due mainly to rising fuel prices, according to government statistics released Tuesday.

The tallies compiled by the directorate general of Budget, Accounting and Statistics (DGBAS) show that Taiwan’s CPI increased to 105.77 last month, up 0.1 percent from August. The index rose by an average of 0.91 percent during the first three quarters on a year-to-year basis.

By category, garments registered the largest increase at 3.83 percent in September over the previous year’s level, while foodstuff prices recorded the steepest fall of 2.03 percent year-on- year, according to DGBAS statistics.

Excluding prices of vegetables, fruit, fish and energy products, September’s core CPI grew 0.03 percent compared to August’s figure.

The recent appreciation of the New Taiwan dollar against the US currency and noticeable jumps in imports of international raw materials are set to be reflected in the CPI for the coming months, a DGBAS official said.

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Category: Taiwan