Taiwan: Inflation eases in June
July 5, 2016
In June, consumer prices were up 0.34% over the previous month, marking a rebound from the 0.38% fall recorded in May. According to the Directorate-General of Budget, Accounting & Statistics (DGBAS), the reading reflected higher prices for electricity fees and for fuel and lubricants.
Inflation was at 0.9% in June, which was below the 1.2% recorded in May and marked the lowest reading since January 2016. Error! Not a valid link.
Core consumer prices, which strip out prices for electricity and fresh food tallied a flat reading in June (May: -0.06% month-on-month). Meanwhile, core inflation inched down from the 0.9% register tallied in May to 0.8% in June.