EDITORIAL: Inflation must be nipped in the bud


Source: taipeitimes.com taipeitimes.com

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Tue, Apr 06, 2021 page8 EDITORIAL: Inflation must be nipped in the bud Inflation might have sounded far-fetched one or two quarters ago as Taiwan’s export-oriented economy faced uncertainty from the COVID-19 pandemic and prolonged US-China trade tensions, but that risk is mounting, with upticks in component and raw material prices stirring up concern about rising prices for electronics and daily essentials. Laptop computer makers Acer Inc and Asustek Computer Inc last week announced rare price hikes of 5 to 10 percent on new models from this quarter, as manufacturing costs have spiked. This is the first noticeable increase in...