April CPI up 1.74%, hitting a 1-year high; Fuel costs see largest increase in 4 years
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AI Summary (NQ-processed)
Taiwan''s Consumer Price Index (CPI) rose by 1.74% year-on-year in April, reaching a one-year high excluding Lunar New Year factors. Fuel costs surged by 13.6%, marking the largest increase in four years, influenced by rising international energy prices due to the Middle East conflict. Despite this, government stabilization measures have mitigated the direct impact on CPI, with May''s increase expected to remain below 2%.