High Inflation for Taiwan’s Poorest Poses Election Risk for DPP
Customers look at a restaurant menu in Taipei, Taiwan.
Photographer: Lam Yik Fei/BloombergThis article is for subscribers only.
Stubbornly high inflation, especially for low-income households, poses a challenge to Taiwan’s government as it counts down to January’s election.
Taiwan’s consumer price index rose 2.9% in November versus the same month last year, according to a statement from the government’s statistics bureau Wednesday. While slightly higher than expected from economists surveyed by Bloomberg, it did mark a slight easing from October’s 3.05% increase.