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Taiwan braces for oil supply disruption amid Hormuz crisis
Taiwan’s Economic Minister J.W. Kuo warns of potential oil price hikes due to tensions in the Strait of Hormuz. The ministry prepares strategies to mitigate impacts.
19小時前
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Taiwan chain launches budget meals as inflation hits 3.26%
Bafang Yunji International announced it will not raise prices in 2023 despite Taiwan’s inflation. New affordable menu items are available at Liang She Han Buy Good.
2025/04/14 12:55
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Taiwan sees no immediate price hike risk, says DGBAS
Taiwan’s DGBAS reports no immediate risk of price hikes despite U.S. tariffs. March CPI grew 2.29%. Tariffs may affect imports, but oil price drops could offset impacts.
2025/04/09 09:00
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Fruit prices jump 30.78% in Taiwan’s March inflation data
Taiwan’s CPI rose 2.29% in March, driven by a 30.78% surge in fruit prices. Dining out costs increased 3.26%, while rent rose 2.49%. Core CPI climbed 1.63%.
2025/04/09 06:00
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Taiwan keeps high-speed rail fares unchanged for 2025
Taiwan’s MOTC will not raise THSR ticket prices, citing increased passenger volume and revenue. Current conditions don’t justify a fare hike, but future costs might.
2025/04/07 14:00
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Experts warn of inflation risk from April electricity hike
Taiwan braces for an April electricity price hike to address TaiPower’s financial losses. Experts warn of inflation risks and impacts on the Consumer Price Index.
2025/03/25 15:34
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Taiwan’s CPI may exceed 2% due to electricity hike
Taiwan’s CPI may exceed 2% due to a potential electricity price hike, says TIER. The increase is linked to supply-side factors, not an overheated economy.
2025/03/25 15:00
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TSMC breaks NT$1,100, propels Taiwan index past 23,000
Taiwan’s stock market surged as TSMC led gains, pushing the index over 23,000 points. Analysts credit Wall Street’s strong performance and potential Fed rate cuts.
2025/01/16 10:52
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President Lai targets CPI reduction to 1.8%-1.9% in 2025
President Lai Ching-te aims to reduce Taiwan’s CPI to 1.8%-1.9% in 2023, supporting startups and SMEs with tax incentives and digital transformation strategies.
2025/01/16 09:33
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Taiwan’s CPI rises 2.10% in December, meets forecast
Taiwan’s CPI rose 2.10% in Dec. 2024, matching forecasts. Annual inflation hit 2.18%, driven by rent and dining costs. Typhoon impacts spiked vegetable prices.
2025/01/07 17:07
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Taiwan raises 2024 growth forecast to 4.27%
Taiwan’s DGBAS revised the 2024 economic growth forecast to 4.27%, citing strong private investment and export growth in electronics. The CPI is adjusted to 2.18%.
2024/11/29 18:08
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Taiwan inflation hits 3.5-year low in October
Taiwan’s inflation rate hit a 3.5-year low in October, with the CPI rising 1.69% year-over-year. Despite Typhoon Krathon’s impact, core CPI eased.
2024/11/06 21:00
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Minister urges science-based talks on carbon fee policy
Minister Peng Chi-ming defends Taiwan’s carbon fee policy, urging data-driven discussions. He clarifies its minimal impact on costs and addresses criticism over CPI effects.
2024/10/15 13:12
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Medical groups urge subsidies for hospital electricity costs
The Ministry of Health and Welfare in Taiwan proposes including electricity costs in National Health Insurance budget talks. Experts call for amending the Electricity Act to ease hospital costs.
2024/10/02 21:00
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MOEA: minimal CPI impact from rate changes
Taiwan’s Economic Minister Kuo Jyh-huei announced that 96% of electricity consumers will not see a rate increase, with minimal impact on the CPI. Industrial users face a 12.5% hike.
2024/10/01 21:00
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Soup Dumpling Index measures global purchasing power
Axios introduces the "Soup Dumpling Index," revealing global purchasing power differences. Taipei ranks high, offering 15.7 dumplings for US$10, while Kuala Lumpur tops the list.
2024/09/23 15:16
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Taiwan’s CPI rises for fourth month, hitting 2.36% in August
Discover the latest on Taiwan’s economy: August’s Consumer Price Index rose by 2.36%, marking the fourth month of inflation above 2%. Factors include higher rents and dining costs, offset by lower egg and fuel prices. A trend toward stability is expected.
2024/09/06 17:20
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Labor minister prioritizes marginal worker’s living standard
Explore the latest on Taiwan’s minimum wage review meeting led by Labor Minister Ho Pei-shan, focusing on inflation’s impact on marginal workers and the importance of safeguarding their living standards.
2024/09/04 12:06
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Taiwan’s labor ministry to review minimum wage on Wednesday
Discover the details of Taiwan’s first minimum wage review meeting set for Wednesday, with a potential 4% increase discussed, aiming for the ninth consecutive year of wage hikes.
2024/09/02 15:59
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MOENV: Carbon fee to target big emitters, not transport
Taiwan’s Ministry of Environment clarifies the impact of the proposed carbon fee on Taiwan Railway’s ticket prices and its broader strategy for achieving net-zero emissions by 2050.
2024/07/17 21:00
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Taiwan’s Central Bank updates inflation forecasts for 2024
Taiwan’s Consumer Price Index indicates a continued slowdown in inflation with a slight rise in March. The Central Bank revises its inflation forecasts as electricity and living costs surge. The public’s economic outlook remains cautiously optimistic.
2024/04/26 13:24
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Taiwan medical costs soar 4.47% in March, reach 18-year high
Taiwan’s DGBAS reports a 4.47% year-on-year increase in medical costs for March, the highest in 18 years, due to the New Health Insurance Co-payment System. The March CPI showed a 2.14% year-on-year increase, with dining-out costs and essential commodity prices decreasing slightly. However, inflationary pressures persist in services like medical costs and rent.
2024/04/10 17:16
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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
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Taiwan holds steady on water prices amid economic debate
Taiwan’s Minister of Economic Affairs, Wang Mei-hua, addresses concerns over potential water and electricity price hikes. Wang assures no immediate plans for water price increases and remains cautious on addressing the issue. Legislators advocate against compounding effects of electricity rate hikes and warn of potential inflation spikes. Discussions continue on balancing household electricity costs and industry consumption subsidies.
2024/03/13 19:11
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Taiwan’s MOEA to monitor electricity price changes
Stay updated on Taiwan’s economic landscape with the latest news from Minister of Economic Affairs Wang Mei-hua. Discover insights on electricity price fluctuations and their impact on domestic issues, as well as the government’s strategies to address losses incurred by Taiwan Power Company. Explore the projections for economic growth and inflation rates amidst industry recovery and upcoming events.
2024/03/01 15:56