China’s inflation rate has eased to its lowest level in more than two years, giving Chinese authorities more policy options to boost the slowing growth in the world’s second biggest economy, Chinese government data released Monday show the consumer price index rose 2.2 percent in June from the previous year, a smaller increase than the […]
China’s Inflation Eases to Lowest Rate in 2 Years
Posted July 9th, 2012 at 1:55 pm (UTC-5)
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Britain’s Inflation Rate Soars
Posted October 18th, 2011 at 7:10 am (UTC-5)
The British inflation rate has hit a three-year high, rising to 5.2 percent in September. The Office for National Statistics said the Consumer Price Index jumped from an annual rate of 4.5 percent in August to tie the record high mark set in September 2008. The September mark had been projected to be in the […]
Chinese Inflation Hits 3-Year High, Limiting Policy Choices
Posted August 8th, 2011 at 11:25 pm (UTC-5)
China is reporting inflation at a three-year high, creating new worries for the troubled global economy. The government said Tuesday that prices in July were 6.5 percent higher than a year ago, driven by a 14.8 percent spike in politically sensitive food prices. That is the highest rate of inflation since a 7.1 percent rate […]
India’s Inflation Rate Rises
Posted July 14th, 2011 at 1:05 pm (UTC-5)
India’s annual inflation rose to 9.4 percent last month, increasing pressure on the country’s central bank to raise interest rates again. The commerce ministry on Thursday reported the jump in the wholesale price index, which was still below the median forecasts of 9.7 percent. India has been grappling with higher food and fuel costs, with […]
Chinese Inflation Rate Rises in May
Posted June 14th, 2011 at 11:20 am (UTC-5)
China’s inflation rate rose to 5.5. percent in May, its highest level in nearly three years despite government efforts to slow the fast-growing economy. Last month’s inflation rate edged above the 5.3 percent rate posted in April, driven by rising food prices brought on by crippling drought conditions in some parts of China. Beijing has […]
Chinese Inflation Rate Rises in May
Posted June 14th, 2011 at 1:10 am (UTC-5)
China’s inflation rate rose to 5.5. percent in May, its highest level in nearly three years despite government efforts to slow the fast-growing economy. Last month’s inflation rate edged above the 5.3 percent rate posted in April, driven by rising food prices brought on by crippling drought conditions in some parts of China. Beijing has […]
