US inflation may hurt Taiwan exports: expert

Weakening demand due to inflation in the US, which hit a 40-year high last month, but is expected to slow down gradually, could affect Taiwan’s exports of consumer electronics in the second half of this year, an economist said on Thursday.
The US consumer price index (CPI) soared 9.1 percent last month from a year earlier, the biggest annual increase since November 1981.
While US inflation is likely to slow down, the likelihood that CPI growth this month would remain above 8 percent is high, said Dachrahn Wu (吳大任), director of National Central University’s Research Center for Taiwan Economic Development.
Moreover, with

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