Skip to playerSkip to main content
  • 2 days ago
Inflation Hits Daily Routines

Category

🗞
News
Transcript
00:00Daily routines just got a little more expensive for many Taiwanese.
00:06Popular cafe chain Luisa Coffee has announced price increases of about 5% on several items
00:12starting Wednesday.
00:17The coffee chain says the price hikes were necessary due to the rising costs of raw materials,
00:23labor and electricity.
00:25Pricier drinks at shops like these may be a hit to budgets, but it doesn't end there.
00:29Price hikes are being seen in products across the economy due to global inflation.
00:35That includes computers.
00:36Taiwanese manufacturer Asus also announced price increases, citing supply chain pressures.
00:42This comes amid surging AI demand, diverting components away from consumer electronics
00:47and lifting costs.
00:49But in anticipation of the hikes, Asus sales have actually risen.
00:53Pricier drinks at the end of the year.
00:58Pricier drinks at the end of the year.
01:00Pricier drinks at least two times.
01:03Even some forms of money are more expensive.
01:05In Taiwan, the central bank issues Chinese zodiac coins as part of the Lunar New Year tradition,
01:11in this year's set has risen by 30% to around 78 U.S. dollars.
01:16The price hikes are high.
01:17Pricier drinks at all these other metals and lunar materials.
01:19The price hikes will increase the appearance of the carbon rock.
01:21First, the price hikes will increase the growth for theäēēæ°‘'s materials' weight.
01:25While U.S. tariffs remain a risk for rising costs,
01:29analysts say a strong New Taiwan dollar should help keep imported inflation in check.
01:33With prices set to rise across the board in 2026, consumers may already be feeling the pinch,
01:39but are still willing to shell out a little more for that morning cup of joe.
01:43Klein Wong, Lily Lamatina, and Chris Gorin for Taiwan Plus.
Be the first to comment
Add your comment

Recommended