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CPI growth stays high at 2.62 percent

Consumer prices last month rose 2.62 percent from a year earlier the seventh time it climbed above the 2 percent alert level last year as fuel, food and other consumption categories all became more expensive, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday.
The statistics agency reiterated that inflation would taper off after the Lunar New Year, even though CPI readings for the entire second half of last year defied its predictions of a slowdown.
“The inflationary pressures are indeed building up, but could have plateaued last quarter and would ease off this year quarter on quarter,” DGBAS ....

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Revenue at two hoteliers increase by double digits

Revenue at two hoteliers increase by double digits
HIGH OCCUPANCY:
FDC International Hotels invited Taiwanese to stay at its properties to allow relatives returning from abroad to quarantine at their homes
By Crystal Hsu / Staff reporter
Two major Taiwanese hotel groups have reported that their revenue last month pick up by double-digit percentage points from one month earlier on the back of a high sales season, but the COVID-19 pandemic continued to weigh on their year-on-year showings.
FDC International Hotels Corp (雲品國際) yesterday said its revenue last month grew 15 percent from one month earlier to NT$221 million (US$7.76 million), but weakened 9.5 percent from a year earlier. ....

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