Taiwan’s consumer price inflation rose in February, mainly due to the Chinese New Year effects, the Directorate-General of Budget, Accounting and Statistics said on Friday.
The consumer price index rose 0.23 percent year-on-year in February, following a 0.18 percent rise in January. Economists had expected a 0.3 percent rise in inflation.
Excluding fruits, vegetables and energy, the core inflation was 0.30 percent in February.
On a monthly basis, consumer prices rose 0.99 percent in February and the core CPI climbed 0.89 percent.
In the January-February period, inflation was 0.20 percent, while the core inflation was 0.41 percent.
Further, data showed that wholesale price inflation rose to 0.8 percent year-on-year in February from 0.54 percent in the previous month.
On a month-on-month basis, the wholesale prices rose 0.2 percent in February.
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