FRESH MILK ROSE BY OVER 9%, EATING OUT BY 2%|鮮奶漲價最多 外食費漲破2%.近25月新高

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According to the latest government numbers, the consumer price index in May was up 0.59% year on year. Fresh milk in particular was 9.15% more expensive than last year, while the cost of eating out has increased 2%. Experts contribute the hike to the low base of last year and a recovering economy this year so far, but as the economy slows down, prices are expected to correct from the current uptrend. In the first half of the year the economy recovered, the total estimated total economic growth rate was 2.05 percent this year, there is even hope of maintaining two percent. However, this year's prices have increased significantly with the GDP's gains. == MEI CHIA -YUAN Dep. Dir-Gen., DGBAS== Overall the price index, compared with last month has had an annual growth rate of 0.59 percent this is a very moderate and stable situation. In May, the price index saw a CPI annual growth rate of 0.59 percent. The Directorate General of Budget Accounting and Statistics feels that that prices have moderate rises and are stable, but looking at the Executive Yuan price index stability committee, which monitors prices for 17 major items, fresh milk prices soared in May by 9.15 percent. Other overall food costs rose by 2.08 percent, a 25-month high, and average monthly food costs for eating out increased by NT$133. ==CONSUMER== It's more expensive, by NT$10, before if you bought two, you could save NT$21, but not now. == KUO CHIEN-CHIH retailer== Fresh milk has risen by about 4 to 7 percent the main reason is the production cost has risen, the ingredients and the price of raw milk, so to reflect the price, we have also increased costs. Although the price of fresh milk is high, analysts feel that the CPI soared mainly because last year's base period was low, with some demand increase for commodities, but the actual commodity price prices did not rise too much. Some predicted that in the second half of the year, the economy will drop by each quarter, and the CPI will fall with it, but there are no serious deflation concerns, and people should not react too much. TRANSLATED BY:CLARE LEAR
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