Premier Cho Jung-tai Announces Freeze on LPG Prices for June to Stabilize Costs Amid Middle East Tensions
Premier Cho Jung-tai announced that LPG prices will remain unchanged in June, with the government absorbing the costs to mitigate inflation caused by Middle East instability.
📋 Article Processing Timeline
- 📰 Published: May 25, 2026 at 20:46
- 🔍 Collected: May 25, 2026 at 21:01 (15 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 20:26 (143h 24m after Collected)
Premier Cho Jung-tai presided over a meeting today regarding the Middle East conflict, announcing that the price of liquefied petroleum gas (LPG) will remain unchanged in June. The government will continue to absorb the cost increases and has requested all ministries to monitor market conditions to stabilize the Consumer Price Index (CPI). In a press release, Cho noted that despite some fluctuations in the domestic market over the past three months, the situation remains relatively stable. He expressed gratitude to CPC Corporation and Formosa Plastics for their cooperation in maintaining prices to support small businesses. Additionally, the Ministry of Transportation and Communications will continue to subsidize public transport and aviation costs for three months, totaling approximately NT$1.22 billion.
FAQ
Will gas prices rise in Taiwan?
No, prices are frozen for June due to government subsidies.