EDITORIAL: Avoiding an inflationary 'black swan' : vimarsana.com

EDITORIAL: Avoiding an inflationary 'black swan'

While Taiwan is enjoying steady economic growth thanks to stable exports and domestic investment, its consumer price index (CPI) is also increasing, due to rising prices for vegetables, fruit, meat, imported fuel and airfare.
Last week, the Directorate-General of Budget, Accounting and Statistics (DGBAS) reported that the CPI last month rose 2.63 percent year-on-year — the highest increase since March 2013. In the first nine months of this year, the index exceeded the government’s 2 percent target during four months, raising concerns of accelerated price pressure.
However, over the whole nine months, the CPI only rose 1.74 percent, and the DGBAS said

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China , Taiwan , , Bloomberg , Taiwan Power Co , Mid Autumn Festival , New Taiwan , 台北時報 , The Taipei Times ,

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