Rising Vegetable Costs Keep Taiwan Inflation Elevated in September – TaiwanPlus

Inflation in Taiwan remained above the 2 percent level for a fifth consecutive month in September, according to Taiwan's statistics ministry. The consumer price index rose 2.73 percent from a year earlier, driven in part by higher food prices. Vegetable costs increased nearly 5 percent year-on-year after heavy rainfall hit central and southern Taiwan in August, affecting supplies. The higher cost of ingredients has also pushed dining-out expenses up by about 3 percent from a year ago, marking a fourth straight month above 3 percent. Taiwan’s statistics bureau says inflationary pressures are expected to ease in October and remain relatively mild and limited in scope.