Measures boost property sales slightly
Bringing Taiwan to the World and the World to Taiwan
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Bringing Taiwan to the World and the World to Taiwan
The government and the central bank should prepare for a run-up in the consumer price index (CPI) and prevent inflation from overshooting the bank’s target as new signs emerge of a higher risk of inflation. The causes behind recent increases in consumer prices are more complicated than those in previous times. Rising global crude oil prices usually trigger inflation. Compounded by the COVID-19 pandemic and gridlock at global ports, higher oil prices have driven up prices for electronics, such as computers, while manufacturers face higher component and transportation costs. Many local vehicle...