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Realtime News
Home > News > Realtime News
Home > News > Realtime News
Taiwan's Inflation Could Top 3% if CPC and Taipower Funding Not Passed
Posted on 2026-11-09 18:10:13
The Taiwan Institute of Economic Research warns that inflation could top 3
percent and force interest rate hikes if lawmakers reject additional funding
for C-P-C and Taipower.

TIER President Chang Chien-yi (張建一) says the two state-owned companies have
helped shield consumers from soaring international energy prices caused by
the conflict in the Middle East.

But without additional government funding, C-P-C and Taipower may have to
raise fuel and electricity prices to cover their losses, while bottled LPG
could also become more expensive.

That would drive up costs for restaurants and small eateries, making dining
out more expensive.

TIER currently forecasts inflation of 2.05 percent this year and 1.94 percent
next year.

But Chang warns that higher energy prices could affect Taiwan's 23 million
residents and more than one million businesses.

(IG)

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