TPP urges government to address growing inflationBy Huang Ching-yu and Kayleigh Madjar / Staff reporter, with staff writerThe Taiwan People’s Party (TPP) caucus yesterday urged the government to pass its budget soon and observe fiscal discipline in helping Taiwanese weather inflation woes. Calling “inflation” the word of the year, the caucus told a news conference at the legislature in Taipei that economic issues are gradually eroding people’s livelihoods. Consumer prices have steadily risen throughout the year, TPP Legislator Lai Hsiang-ling (賴香伶) said. From left, Taiwan People’s Party legislators Jang Chyi-lu, Lai Hsiang-ling and Lin Chen-yu hold a news conference at the legislature in Taipei yesterday. Meanwhile, real regular wages fell 0.07 percent annually, she said, adding that inflation has cut into earnings and depleted people’s disposable income.

Source: Taipei Times December 12, 2022 17:09 UTC