Taipei, July 7 (CNA) Taiwan's inflation hit the highest level for 17 months in June largely on a spike in fuel and food prices, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Tuesday.
Is inflation rising again? The Directorate-General of Budget, Accounting and Statistics (DGBAS) announced on the 7th that the June CPI year-on-year increase surged to 2.6%, exceeding the 2% inflation warning line and reaching a 17-month high. Of particular note is the soaring memory prices, which have already been reflected in end-user prices, with related price indicators showing the largest increase in 44.5 years this month. Regarding the over…