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Market Update: Taiwan Wholesale Prices Surge to Near 13-½- Year High
Taiwan’s wholesale price inflation accelerated to 11.33 percent year on year in May 2021, the highest since July 2008. Upward pressure came from all groups: agriculture, forestry, fishing and animal husbandry products (11.89 percent vs 5.57 percent in April); mining & quarrying products (69.7 percent vs 57.21 percent); manufacturing products (9.44 percent vs 8.23 percent); and cost for water, electricity & gas supply rebounded (1.37 percent vs -0.25 percent). source: DGBAS, Taiwan [/s2If]
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