China News Service, Taipei, November 25. Taiwanese media such as the Central News Agency and United News Network reported that the annual growth rate of the CPI (Consumer Price Index) of many civilian assets, including rice, flour, pork, etc., has risen from 1.99% in January this year. To 3.31% in September.
A latest survey shows that nearly 60% of the people in Taiwan are worried about inflation.
Recently, prices in Taiwan's catering industry have risen significantly.
Including fast food, fast food packaging products, etc., prices have been announced to increase prices.
Analysts pointed out that inflationary pressure caused by rising food raw material prices, labor cost adjustments, freight price increases, supply chain crises caused by shipping congestion, rising costs of packaging and cleaning products, and more operating costs to meet the needs of epidemic prevention are all Causes of rising prices.
Data map: Taiwanese food at the exhibition.
Photo by Lu Ming
According to the "Business Times" report, the latest results of the November survey of Taiwanese people's economic confidence showed that 89% of the respondents believed that the current price level was higher than half a year ago, and the current price index was 88.1, a 88-month high; 58.6% Respondents believe that Taiwan’s inflation rate will be greater than 2% in 2021, and nearly 30% of the respondents estimate that it will be higher than 2.5%.
Taiwan’s administrative agency said on the 25th that it plans to reduce tariffs, business taxes, and goods taxes on bulk materials in response to rising prices.
According to a report from China Times News, Taiwan’s representative of public opinion, Lin Defu, believes that the prices of importers and middlemen have all been increased, and tax cuts have been difficult to bring prices down, so the benefits of tax cuts are difficult to reflect on the consumer side. Consumers will be very insensitive.
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