Taiwan's May consumer price index (CPI) has surpassed the 2% warning marker for inflation, spurred by record-high rent and rising produce prices.
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00:00Record rent and produce prices are driving up Taiwan's consumer price index.
00:05The index, which measures the average price of consumer goods, grew 2.24 percent in May,
00:11up over 0.2 percent compared to the same period last year, and surpassing the 2 percent inflation
00:17warning mark.
00:18Officials say unstable weather is driving up produce prices.
00:22Rent increases also hit a 28-year high in May, going up by 2.6 percent year on year.
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