By Crystal Hsu / Staff reporterConsumer prices last month climbed for a 10th consecutive month as rising food prices more than offset declines in transportation and telecommunication costs, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. The rise in food prices would have been steeper, if egg prices had not fallen 16.05 percent, it added. Education and recreation costs rose 0.95 percent due to upward adjustments in group tour fees, it said. The wholesale price index (WPI), a measure of production costs, contracted 6.21 percent annually, deepening from a 4.7 percent decline one month earlier, the agency said. For the first 10 months of this year, the CPI edged up 0.5 percent from a year earlier, while the WPI weakened 1.82 percent, the DGBAS said.

Source: Taipei Times November 06, 2019 15:56 UTC