Inflation in Taiwan accelerated for a fourth consecutive month in June, data from the Director-general of Budget, Accounting and Statistics showed Thursday.
The consumer price index rose 1.77 percent year-on-year in June, slightly faster than May's 1.74 percent increase. The outcome was almost in line with economists' forecast for a 1.78 percent rise.
Food prices went up 4.4 percent, of which vegetable prices were 30.54 percent higher than a year earlier. Housing costs increased 1.08 percent.
Transportation and communication costs, meanwhile, declined 1.28 percent annually. The core price index, that excludes fruits, vegetables, fish, shellfish and energy, moved up 0.82 percent year-on-year.
Month-on-month, the CPI rose 0.64 percent. Core CPI increased 0.12 percent.
The wholesale price index decreased 1.7 percent year-on-year in June and fell 1.06 percent from the previous month.
by RTT Staff Writer
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