October CPI Up 2.33％, Above 2％ for 6th Straight Month
The Directorate-General of Budget, Accounting and Statistics, Executive Yuan, on 11月5日 reported October consumer price index rose 2.33％ from the same month last year, narrowing from 2.74％ in September, but above 2％ for 6 consecutive months. Core CPI excluding fruits, vegetables and energy rose 2.23％ year-on-year. Average CPI for January to October this year rose 1.98％ from the same period last year, showing overall prices remain on an upward trend and pressure on household living expenses has not eased明顯.
FAQ
How much did October CPI and core CPI rise?
October CPI rose 2.33％ from the same month last year, narrowing from 2.74％ in September, above 2％ for 6 straight months; core CPI excluding fruits, vegetables and energy rose 2.23％ year-on-year, and average CPI for January to October this year rose 1.98％ year-on-year.
Which everyday food items saw notable price increases?
In October, dining-out expenses rose 3.01％ year-on-year, above 3％ for 5 straight months; Chinese-style rice meals rose 3.94％, Chinese-style noodles rose 3.54％, Chinese-style breakfast rose 3.21％, eggs rose 11.45％, and salad oil and cooking oil rose 5.34％.
Why was price inflation higher for high-income households?
In October, CPI for low-, middle- and high-income households rose 2.07％, 2.27％ and 2.51％ year-on-year respectively. The Directorate-General of Budget, Accounting and Statistics explained that high-income households saw a higher overall increase because categories with larger gains, such as transportation and communications and education and entertainment, account for a higher share of their spending.