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CPI up 2.62% in October, says DGBAS

CPI up 2.62% in October, says DGBAS

Taiwan's consumer price index in October was up 2.62 percent year-on-year on rises in food and fuel prices, but down a seasonally-adjusted 0.26 percent month-on-month, authorities said.

The October CPI growth figure compares with September's revised 3.16 percent year-on-year rise, and a 0.08 percent month-on-month decline after seasonal adjustment, the Directorate General of Budget, Accounting and Statistics said.

In August, the CPI rose 3.59 percent, the highest growth since November 1998.

The October core price index, which excludes the prices of fresh vegetables and fruit, fishery products and energy, was up 0.53 percent from a year earlier, and up 0.50 percent from September, the Directorate General of Budget, Accounting and Statistics said.

These compare with September's revised year-on-year rise of 0.67 percent and a 0.04 percent month-on-month decrease, it said.

The October wholesale price index increased 0.10 percent year-on-year, and was up a seasonally-adjusted 0.14 percent month-on-month, it said.

In September, the wholesale price index recorded a revised 0.10 percent decline, but was up a seasonally-adjusted 1.00 percent month-on-month, it added.

In the 10 months to October, the CPI rose 2.29 percent from a year earlier, while the core index rose 0.68 percent year-on-year and the WPI gained 0.49 percent from a year earlier, the Directorate General of Budget, Accounting and Statistics said.


Updated : 2021-10-25 04:13 GMT+08:00