china's inflation up to 6.4%, page-2

  1. 10,403 Posts.
    snuff, ""We expect CPI inflation to fall steadily after June to about 4.0 to 4.5 per cent at the end of the year, and then will stay there for a couple of years," he said."

    Wow !! only 4%. Will that be the official rate I wonder.

    At ~4% it's too high so it looks like China has a rooting inflation problem: easily stoked back to the boil.

    Cunningly they put interest rates up last week so a "rate cut" this half is just a ploy.

    I've got a way for the average Chinese to save a monza....give up pork and eat chicken.




 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.