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Financial News: Taiwan Inflation Slows In July

Taiwan Inflation Slows In July

08/06/2019 - 07:08:00 (RTTNews)

(RTTNews) - Taiwan's consumer price inflation slowed in July after rising in the previous month, data from the Directorate-General of Budget, Accounting and Statistics said on Tuesday.

The consumer price index rose 0.4 percent year-on-year in July, slower than 0.85 percent in June.

Excluding fruits, vegetables and energy, core CPI rose 0.34 percent year-on-year in July.

On a monthly basis, consumer prices fell 0.1 percent in June.

Data also showed that the wholesale price index rose 3.4 percent annually in July, following a 2.07 percent increase in the previous month.

On a monthly basis, wholesale prices fell 0.55 percent in July.

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