Taiwan inflation rises 0.4 pct in July

TAIPEI, Aug. 7 (Xinhua) -- Taiwan's inflation level continued to move up mildly in July, as the consumer price index (CPI) rose 0.4 percent from a year earlier, statistics showed.

Authorities attributed the mild increase to higher prices of vegetables, fruit and tourism fees.

Among the components of the CPI calculations, vegetable prices in July went up 6.83 percent year on year, while egg prices dropped 12.02 percent from the previous year.

On a monthly basis, the July CPI dropped 0.1 percent from June.

For the January-July period, the CPI rose 0.54 percent year on year on average.