CPI increased 1.41% y/y in March.

By bne IntelliNews April 7, 2011
Taiwan's consumer price index (CPI) increased 1.41% y/y during March this year as compared to 1.33% growth recorded in February, mainly due to the higher food and energy prices. As reported by Dow Jones International News, potential increase in inflation during the second half of this year indicates that the central bank could increase interest rates by 25 basis points (bps) and be more agreeable to rising currency. The food prices grew 2.69% y/y, while oil prices increased 8.16%, and clothing prices grew 2.15% in March.
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