China News Service, May 7. According to the Taiwan United Daily News, the "General Accounting Office" of the Taiwan authorities announced on the 6th that the annual growth rate of the consumer price index (CPI) in April was 3.38%, not only "breaking 2" for 9 consecutive months. The inflation warning line has broken through 3 for two consecutive months and hit a new high for nine and a half years; the annual growth rate of food expenses further expanded to 5.56%, setting a new record of 13 years and 4 months.
The official of the "General Accounting Office" said that the annual growth rate of CPI in April came from the increase in vegetables and fruits. If the weather improves and the base period factor is added, the probability of CPI breaking 3 in May is still high, but the index will be smaller than that in April.
Scholars believe that "it is almost impossible for the CPI to return to the past". Zhang Jianyi, president of the Taiwan Academy of Economics, pointed out that the price pressure may ease in the second half of the year; Xu Zhiqiang, a professor at the Department of Economics of Taiwan's "Central University", estimates that it may take until the third Quarterly, the annual growth rate of CPI will fall below 3%.
The annual growth rate of CPI in Taiwan reached 3.27% in March, and increased to 3.38% in April. Cao Zhihong said that in April, due to weather factors, the annual growth rate of vegetables was as high as 27.7%, and fruits also rose by 13.74%. Eggs also rose by 5.9% and 21.39% respectively, so that in April, the CPI, core CPI and food expenses all expanded from the previous month, of which the core CPI was 2.47%, which also hit a 13-year high record.