Taiwan CPI edges up 0.2 pct in January

Source: Xinhua| 2019-02-12 21:57:39|Editor: mmm
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TAIPEI, Feb. 12 (Xinhua) -- Taiwan's consumer price index (CPI) rose 0.2 percent year on year in January, the island's statistical agency said Tuesday.

The agency attributed the rise mainly to price increases for eggs, fruits, dairy products and medical services.

However, lower prices for clothes, oil, telecommunications and electronic products offset some of the rises, the agency said in a statement.

The core CPI, which excludes the price of fruits, vegetables and energy products, rose 0.53 percent year on year.

The wholesale price index (WPI) climbed 0.75 percent year on year in January.

On a monthly basis, the January CPI was down 0.09 percent and the WPI dipped 0.33 percent from December.

The wholesale price drop compared with the previous month was mainly due to price drops of chemical materials and their products, medicine, oil and coal, the agency said.

Taiwan's CPI recorded an annual average rise of 1.35 percent and the WPI was up 3.64 percent year-on-year in 2018.