CPI up 1.21 percent in December

Taipei-The consumer price index (CPI) in Taiwan for December rose 1.21 percent from a year earlier largely on the back of a spike in the price of tobacco, fuel and medical care services as well as fish, dairy and meat products, government statistics showed Friday.

Month-on-month the CPI fell 0.15 percent in December, though after seasonal adjustments the figure rose 0.18 percent, the Directorate General of Budget, Accounting and Statistics (DGBAS) said.

The year-on-year increase in Taiwan's CPI for 2017 was 0.62 percent, which matched the estimate made by DGBAS in November.

Source: Focus Taiwan News Channel