By: Liao Yu-yang and Emerson Lim
Taipei, June 5 (CNA) Consumer prices rose 0.94 percent in May from a year earlier, reaching to a seven-month high, as the prices of fruits, vegetables, fuel and travel expenses increased, government statistics showed Wednesday.
However, a decline in the cost of garments, communications expenses, and 3C products offset the rise in the consumer price index (CPI) to some extent, the Directorate General of Budget, Accounting and Statistics (DGBAS) said.
Month-on-month, the CPI rose 0.15 percent in May, but after seasonal adjustments the increase was 0.06 percent, the DGBAS said.
The year-on-year growth of the CPI in May was the highest so far this year, according to the DGBAS data. [FULL STORY]