Friday 11 March 2016

China consumer inflation jumps in February


POLITICAL ECONOMY
China consumer inflation jumps in February Beijing (AFP) March 10, 2016 - China's consumer inflation jumped to 2.3 percent in February, the biggest rise in nearly two years, official data showed Thursday, in a positive sign for demand in the world's second-largest economy. Food prices surged during the annual Lunar New Year holiday, with pork prices jumping 25.4 percent year-on-year, and vegetables up a hefty 30.6 percent. The rise in the consumer price index ... more

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