vegetable prices 結果共3筆

Following a recent earthquake in Hualien, transportation costs for fruits and vegetables have surged, as reported by Chang Te-chi, secretary-general of the Ji-an Township Farmers’ Association. The damage has forced trucks to take a longer route, doubling travel time and causing frost damage to produce. Despite stable prices due to government efforts, concerns grow over rising expenses if the Suhua Highway remains closed. The Agriculture Development Department of Hualien County and the Taipei Agricultural Products Marketing Corporation highlight the financial strain on farmers and the logistics challenges faced, including increased labor costs and the impracticality of using refrigerated trucks on alternative transport modes.

Taiwan Central Bank Governor Yang Chin-long addressed the Legislative Yuan’s Finance Committee, leaving open the possibility of further interest rate hikes. While rates in the U.S., U.K., Europe, Canada, and Australia are near their peak, Taiwan is approaching its high point. Previous inflation spikes were caused by typhoon impacts, leading to speculation about rate hikes. The Consumer Price Index (CPI) increased by 3% in October. The Central Bank’s council members unanimously decided to temporarily halt rate raises, but some members agreed to suspend hikes for only one quarter, suggesting aggressive responses to future inflation are possible. Market watchers are observing whether interest rate hikes might resume in December if inflation surpasses 3%. Yang attributed the current inflation to typhoon impacts, particularly rising vegetable and fruit prices, and promised close observation of rate raises in the fourth quarter. Economic growth is expected to remain above 2% this year, but the fourth quarter may see a downward revision to 1%.

Despite Typhoon Haikui moving away, food prices in Taiwan remain high. Imported vegetables have also become more expensive due to disrupted shipping schedules.