Interest Rates To Rise As Inflation Increases

November 2005 | Economic Analysis

Inflationary pressures in Taiwan are building. The consumer price index (CPI) in September was up by 3.1% y-o-y, making it the fifth consecutive month where inflation has been above 2.3%. It also brought the average inflation rate for the first nine months of the year to 2.2%. This now makes it unlikely that inflation will meet the state statistical agency's own forecast of 2.0% for the whole

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