CPI Rises to 2.07% Throughout Year: A New Normal Breakthrough?

Reported 9 months ago

Unstable weather and consecutive heavy rain in April have impacted vegetable production, indirectly affecting prices. Combined with rising dining-out expenses, rent, and healthcare costs, with May's Consumer Price Index (CPI) showing a year-on-year increase of 2.24%, the Directorate-General of Budget, Accounting and Statistics has revised the annual CPI to 2.07%, sparking concerns over whether surpassing the 2% inflation caution line will become a new normal. Strategies for handling the inflation impact include collective purchasing to lower costs and utilizing energy-saving equipment to counter rising electricity prices.

Source: YAHOO

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