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Prices rise faster in Taiwan, inflation perception sharpens
Explore how Taiwan’s core inflation cycle has dramatically shortened from an average of 17.19 months to just under 8 months over recent years, leading to a significant shift in public perception towards inflation. This change is attributed to various factors, including the pandemic, geopolitical risks, and climate change, affecting the country’s inflation trend and resulting in a discrepancy between public feeling and official statistics.2024/04/08 18:14 -
Taiwan’s TAIEX falls by 36 points to 17,637.86
Taiwan stock market opens the week with a slight decline as TAIEX falls by 36.01 points to 17,637.86 on Monday (Dec. 18). Shares of Taiwan Semiconductor Manufacturing Company (TSMC) drop by NT$6 to NT$579 upon market opening. Traditional industrial stocks, particularly the steel sector, show resilience with Hsin Kuang Steel and Sheng Yu Steel Co., Ltd seeing shares rise over 2% in early trading. China Steel Corporation’s shares climb more than 1.8%, opening at NT$26.95. Analysts highlight the importance of the incoming U.S. November Core Personal Consumption Expenditures (PCE) Price Index, a key inflation indicator for the Fed, and the impact of recent ETF rebalancing with stock replacements on individual stocks.2023/12/18 10:27