You are here

Taiwan February CPI dips, but up slightly in Jan-Feb

Tuesday, March 7, 2017 - 09:41

41341231 - 29_01_2017 - TAIWAN-LIFESTYLE-RETAIL-CONVENIENCE.jpg
Taiwan's consumer price index for February fell 0.04 per cent from a year earlier, largely as prices pulled back after the Lunar New Year celebrations, the government said on Tuesday.

[TAIPEI] Taiwan's consumer price index for February fell 0.04 per cent from a year earlier, largely as prices pulled back after the Lunar New Year celebrations, the government said on Tuesday.

For January-February combined, consumer inflation picked up 1.09 per cent from the same period a year ago, data released by the Directorate General of Budget, Accounting and Statistics showed.

The long holiday began in late January this year, but fell in February last year. To reduce that distortion, economists and investors look at combined data for the first two months of the year for a more accurate reading on economic trends.

REUTERS

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom