July CPI rises slightly month on month

Focus Taiwan
Date: 08/06/2020
By: Flor Wang and Pan Tzi-yu

CNA photo Aug. 6, 2020

Taipei, Aug. 6 (CNA) Taiwan's consumer price index (CPI) in July grew 0.14 percent from June, due mainly to a rise in gasoline and plane ticket prices, the Directorate-General of Budget, Accounting and Statistics (DGBAS) reported on Thursday.

After seasonal adjustments, the CPI increased 0.17 percent month on month, but decreased 0.52 percent from the same month last year, which marked a sixth consecutive contraction year on year, thanks to a fall in vegetables, cloth, and hotel prices, the agency said.

The wholesale price index (WPI), meanwhile, climbed 0.62 percent from a month earlier and added 0.51 percent after seasonal adjustments, which marked a slide of 9.15 percent from the same month in 2019, it said.    [FULL STORY]

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