Taipei, The consumer price index (CPI) rose 0.58 percent in March from a year earlier, due mainly to a sharp increase in the price of eggs, government statistics showed Tuesday.
The core CPI, which excludes fruit, vegetables and energy, rose 0.47 percent year-on-year in March, according to the Directorate General of Budget, Accounting and Statistics (DGBAS).
The latest CPI data indicated that consumer prices in Taiwan remained moderately stable, DGBAS specialist Hsu Chien-chung said.
In January and February, the CPI rose 0.18 percent and 0.23 percent, respectively, from a year earlier, after dropping 0.05 percent year-on-year in December 2018, according to the DGBAS.
The cost of a basket of 17 government-monitored household necessities, including rice, pork, bread, eggs, sugar, cooking oil, shampoo and toilet paper, climbed 2.42 percent year-on-year in March.
The price of eggs registered the highest growth of 30.21 percent, while the cost of toilet paper, tissues and napkins increased 12.96 percent from a year earlier.
The wholesale price index (WPI) increased 1.19 percent in March from a year earlier, the DGBAS said.
Source: Focus Taiwan News Channel