{"id":585516,"date":"2026-08-07T01:26:20","date_gmt":"2026-08-07T01:26:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/585516\/"},"modified":"2026-08-07T01:26:20","modified_gmt":"2026-08-07T01:26:20","slug":"inflation-remains-above-2-percent-for-third-month","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/585516\/","title":{"rendered":"Inflation remains above 2 percent for third month"},"content":{"rendered":"<p>By Crystal Hsu &#13;<br \/>\n  \/  Staff reporter <\/p>\n<p>Taiwan\u2019s consumer inflation remained above the central bank\u2019s 2 percent alert level for a third consecutive month last month due to higher fuel costs, airfares and food prices, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. <\/p>\n<p>The consumer price index (CPI) rose 2.54 percent last month from a year earlier, slowing from June\u2019s 2.59 percent increase, while core CPI, which strips out volatile components such as fresh food and energy, rose 2.38 percent, the agency said. <\/p>\n<p>\u201cDomestic price pressures remain moderate, and there is no evidence of broad-based imported inflation despite CPI staying above 2 percent for three consecutive months,\u201d DGBAS price statistics department head Tsai Hsiu-hui (\u8521\u79c0\u6167) said. <\/p>\n<p>                        <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/08\/P09-260807-601.jpg\" width=\"100%\"\/><\/p>\n<p>Photo: CNA<\/p>\n<p>Tsai attributed last month\u2019s increase mainly to higher fuel costs, international airfare and travel-related expenses. <\/p>\n<p>Inflation could ease further this month if weather conditions do not disrupt agricultural supplies, although the figure might remain above the 2 percent threshold, she said. <\/p>\n<p>Among major CPI categories, miscellaneous goods and services posted the sharpest increase, rising 3.27 percent year-on-year, as elevated gold prices pushed jewelry costs up, DGBAS data showed. <\/p>\n<p>Recreation and education expenses increased 3.22 percent, driven by an 8.23 percent surge in computer equipment and software prices, as well as higher costs for overseas travel. <\/p>\n<p>The producer price index (PPI) jumped 16.94 percent year-on-year, the largest increase on record and the steepest gain in about five-and-a-half years, the DGBAS said. <\/p>\n<p>Import prices climbed 16.64 percent year on year, partly reflecting the impact of a weaker New Taiwan dollar that made imported goods more expensive, the agency said. <\/p>\n<p>The increase was led by higher mineral product prices and a surge in the cost of electronic components and memory chips, as booming artificial intelligence demand lifted prices across the technology supply chain, it said. <\/p>\n<p>As most imported products are intended for export purposes, their impact on domestic prices is limited, Tsai said. <\/p>\n<p>While higher costs might affect some consumer products, such as computers and peripherals, their influence is smaller than frequently purchased items including vegetables, fruits and dining-out expenses, which carry greater weight in the CPI basket, she said. <\/p>\n<p>During the first seven months of the year, CPI rose 1.8 percent from a year earlier, while PPI increased 7.93 percent. <\/p>\n<p>Fuel prices remain the biggest uncertainty for Taiwan\u2019s inflation outlook, as fluctuations in global oil prices and a relatively low comparison base from a year earlier could keep fuel-related inflation elevated in the coming months, Tsai said.<\/p>\n","protected":false},"excerpt":{"rendered":"By Crystal Hsu &#13; \/ Staff reporter Taiwan\u2019s consumer inflation remained above the central bank\u2019s 2 percent alert&hellip;\n","protected":false},"author":2,"featured_media":585517,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60,9889,9888],"class_list":["post-585516","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland","tag-the-taipei-times","tag-9888"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/585516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=585516"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/585516\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/585517"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=585516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=585516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=585516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}