Economics
Taiwan’s Shoppers Are Getting Skittish on Inflation
- Taiwan’s premier urges the public not to hoard toilet paper
- Episode occurs amid expectations for faster global inflation
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Taiwan’s shoppers -- like global financial markets -- are getting skittish on inflation.
A reported spike in prices by toilet paper makers spurred a run on supplies in Taipei over the past week. The island’s premier even had to step in to urge the public not to hoard this most staple of consumer staples.