Back to list

Inflation data untainted by politics: official

2012/05/08 19:30:51

Taipei, May 8 (CNA) The Consumer Price Index (CPI) statistics are complied by a neutral civil service agency and has nothing to do with politics, Tsai Hung-kun, a department head of the Directorate-General of Budget, Accounting and Statistics (DGBAS) said Tuesday.

Tsai was responding to concerns by Taiwan Solidarity Union legislative caucus whip Hsu Chung-hsin that the CPI data was influenced by politics since Economics Minister Shih Yen-shiang had vowed in April to step down if the CPI rose by more than 2 percent this year.

Hsu said that in light of the recent fuel price increase and impending electricity rate hikes, it was hard to believe that the CPI had risen only 0.94 percent month-on-month in April.

However, citing the United States and Canada as examples, Tsai noted that CPI data does not always reflect people's real feelings on inflation.

(By Su Lung-chi and Hanna Liu)