Off the wire
• No sign of MERS identified in Cambodia  • Australian tycoon Alan Bond dies after surgery complications  • Vietnam's Hoi An voted one of 10 best cities in Asia  • Tokyo stocks fall 0.44 pct in morning on overseas losses  • Dividend payouts hampering Australian economic growth: experts  • 1st LD: Talks to start to nod Japan's use of Philippine bases: Aquino  • Meth deaths rising in Australia as injecting users turn to ice: researchers  • 1st LD: Talks to start to nod Japan's use of Philippine bases: Aquino  • Endangered turtle traders get suspended prison terms  • U.S. gov't agency suspends drug production after contamination  
You are here: 　 Home

Taiwan CPI contracts for 5 consecutive months

Xinhua, June 5, 2015 Adjust font size:

Taiwan has recorded deflation for five consecutive months this year, Taiwan's statistical agency said on Friday.

The Consumer Price Index (CPI), a core measure of inflation or deflation, dipped 0.73 percent year on year in May, following a year-on-year decline of 0.94 percent, 0.2 percent, 0.62 percent and 0.82 percent in the first four months respectively.

For the first two months of 2015, the CPI fell 0.66 percent year on year, according to the agency.

Meanwhile, the Wholesale Price Index (WPI) in May slumped 9.45 percent from the same period last year.

On a monthly basis, the May CPI was up 0.06 percent but the WPI was down 0.19 percent from April.

The statistics agency attributed the deflation to lower fuel and electricity costs, and cheaper fruit and electronics products. However, higher vegetable and food prices offset some of the CPI declines. Endi