News Snapshot:
TAIPEI : Controlling inflation is not only about interest rate rises and all government departments regularly discuss what other policies to take, Taiwan Economy Minister Wang Mei-hua said on Tuesday, with the pace of price increases at a near 10-year high. Taiwan's consumer price index was 3.39 per cent higher in May than a year earlier. That inflation rate was the highest since August 2012 and exceeded the central bank's 2 per cent target for the 10th consecutive month. Inflation is still slower than in the United States and Europe, however. Speaking on local radio, Wang said curbing inflation should...
