Taiwan - Inflation unexpectedly slowed in December

Taiwan’s consumer price growth unexpectedly slowed in December for the first time in four months as the gain in food prices moderated. The consumer price index increased 1.25% from a year earlier, compared with a revised 1.52% climb in November, the statistics bureau said. The median estimate in a Bloomberg News survey of 12 economists was for a 1.75% gain. (Bloomberg)