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TaiwanPlus News
  • 12/6/2024
New inflation data has revealed average Taiwan rent prices hit their highest increase in nearly 30 years, while vegetable prices soared almost 20% following crop damage from multiple typhoons.
Transcript
00:00New data shows the price of vegetables and rents are surging in Taiwan compared to last
00:06year.
00:07November's consumer price index rose just over 2% year-on-year, with vegetable prices
00:12surging 19.43% after harvests were devastated by multiple typhoons.
00:19Rents also hit a historic high, rising more than 2.5%, the biggest jump in nearly 30 years
00:25according to Taiwan's budget office.
00:27Officials say no relief for rent prices is in sight.
00:31Despite the large rises in certain categories, prices remain mostly stable overall.

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