Taiwan’s consumer prices up 0.40 percent in July

Focus Taiwan
Date: 2019/08/06
By: Tsai Fan-min and Ko Lin

Taipei, Aug. 6 (CNA) Taiwan's consumer price index (CPI) rose slightly by 0.40 percent in July from a year earlier, according to government statistics released Tuesday.

The core CPI, which excludes fruit, vegetables and energy, rose 0.34 percent year-on-year in July, according to the Directorate General of Budget, Accounting and Statistics (DGBAS).

The cost of a basket of 17 government-monitored household necessities, including rice, pork, bread, eggs, sugar, cooking oil, shampoo and toilet paper, dropped 0.46 percent from a year earlier in July, the data showed.

It was the first drop in 40 months, mainly due to an oversupply of eggs, which experienced a price drop of 4.21 percent year-on-year, the DGBAS said.    [FULL  STYORY]

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