Reported 11 months ago
The editorial discusses the impact of external variables on inflation in Taiwan, emphasizing the importance of the government's role in preventing adverse effects. Despite lower-than-expected inflation rates compared to other countries, the steady increase in consumer prices, influenced by factors like core prices rising and recent global events, points towards a potential four-year period of inflation exceeding the norm for the majority of citizens. The government's recent measures, including extending tax relief, aim to stabilize prices in the face of ongoing inflation concerns. Furthermore, the editorial highlights the historical impact of geopolitical tensions and conflict events, such as wars affecting global commodity prices, stressing the need for proactive strategies to mitigate repercussions on Taiwan's economy.
Source: YAHOO