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Electricity Price Increases in April Have Minimal Impact on Inflation – General Accounting Office Statistics

The General Accounting Office published statistics on price changes in April on the 7th.consumer price index(CPI) annual growth rate is 1.95%, and the core CPI is 1.81%.

The annual CPI growth rate eased back to 2.14% in March, still outperformingInflationWarning line, if the Spring Festival factor is excluded, the inflation rate in March was the lowest in the last eight months. Originally, the outside world was worried that the increase in electricity prices in April would lead to another wave of price increases.

Before the electricity price increase in April, the General Accounting Office estimated at the end of February that the annual CPI increase would be 1.85%, which is already below the inflation warning line of 2% However, after the price electricity increased by 11%, the General Accounting Office is expected to CPI this year will reach 2.03%. As for whether the General Accounting Office’s estimate of inflation will be further revised upwards, the latest estimate will be available in May.

The General Accounting Office highlighted the fact that prices of raw materials remain at a low level, and the growth rate of goods has converged, but prices of services are rigid, and increases in food costs and rents continue, and progress continues. pressure is still there.

The increase in electricity prices in April did not increase inflationary pressure… The General Accounting Office announced that the CPI rose by 1.95% in April, which was lower than in March.

The General Accounting Office released statistics on price changes in April on the 7th. The annual growth rate of the Consumer Price Index (CPI) was 1.95%, and the core CPI was 1.81%.

2024-05-07 16:09

Yongfeng Sun Photovoltaic Promotion to join hands with Yongyao Energy to build a power station along the coast of Changhua

On the 7th, Sino-Fung Bank co-arranged and arranged a joint loan of 3.83 billion yuan for Yongyao Energy, a subsidiary of the American Eurasian Group, and invited five financial institutions to participate, including KGI Commercial Bank, Bank Taipei Fubon, Antai Commercial …

2024-05-07 16:41

The increase in electricity prices may push house prices up. Association of Estate Agents: People are worried they won’t be able to afford it anymore.

Electricity prices have been rising since April this year…

2024-05-07 15:36

Optimistic about 5G and B5G, the Ministry of Economic Affairs subsidizes three major research and development projects, which benefited Yichuan, Hanmin, and Hengsheng

The Department of Technology of the Ministry of Economic Affairs said on the 7th that the third final review meeting of the A+ Innovation Research and Development Quenching Plan in 2024 approved a subsidy of 135 million yuan for Yichuan Technology to invest in “B5G Open Network…

2024-05-07 13:11

Ernst & Young Taiwan’s Global Renewable Energy Attractiveness Index rises 2 places to 24th

Ernst & Young released a new Renewable Energy Country Attractiveness Index (RECAI) survey today (7th).

2024-05-07 12:20

What will happen to the housing market if electricity prices increase? All China Federation of Real Estate Agents: Polls show warning signs

Electricity prices started to rise in April this year. A recent poll conducted by the China Federation of Real Estate Agents showed that around 80% of the public believed that housing prices would rise, and 33% of them believed that housing prices would rise. an increase of more than 10%.

2024-05-07 11:16

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