Tuesday, Mar 11, 2008
8,7pc inflation in China
NY Times: China’s Rate of Inflation Is Highest in 11 Years
Consumer prices in China surged to a 8.7 percent annual rate in February from a 7.1 percent rate in January, the fastest pace of increase in more than 11 years, China’s National Bureau of Statistics announced on Tuesday morning.
Posted by sold 2 rent 1 @ 08:13 PM (441 views) Add Comment
11 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. whiteknight said...
Looks like the Olympics are too far away. It was a nice attempt to hold everything smooth until then and kick a*se later.
However , with everybody else trying to spoil that aswell with various smears - it looks like the hand is about to be forced.
"Be careful what you wish for." will never have been a truer phrase to the other side who will great such a move with delight to start with... until they realise they are screwed that is.
2. whiteknight said...
great == greet
3. happyrenterz said...
Inflation Warning: Kenneth Rogoff, writing for the Project Syndicate, says central banks can’t forget about inflation. “As inflation continues to soar everywhere, maybe the world’s central bankers need a jolt to awaken them from complacency. How about holding one of their bi-monthly meetings in hyperinflationary Zimbabwe? It might not be comfortable, but it would be educational.”
4. harold said...
S2R1
Something to steady the nerves - the long view:
http://www.globalspeculator.com.au/documents/GoldAwakesfromits25yearSlumber_000.pdf
5. crash bandicoot said...
Guys, what happened to the reports about the chinese stock market going exponential? I haven't seen many of these lately, is it still growing like that?
6. harold said...
crash bandicoot
"what happened to the reports about the chinese stock market going exponential?"
They evaporated:
http://www.findata.co.nz/markets/Quote.aspx?e=INDEX&s=SSEC
7. it_is_going_with_a_bang said...
They were trying to fix prices low and still came up with 8.7 %
Or maybe they just calculate inflation more realistically.
8. quiet guy said...
"Or maybe they just calculate inflation more realistically."
You beat me to it it_is_going_with_a_bang. I reckon our real inflation is comparable.
9. A Saver said...
Can anyone advise where to buy gold coins/kruggerands?
sold2rent1, can you clarify what you meant by junior stocks the other day and mention some examples?
10. pendulum said...
Our inflation is likely 4x the official hedonistic figure. Wages and pensions here will never be aligned to the cost of living - because it's all about securing their own pensions and profits for their oligarch backhanding buddies - not the plebs that actually work. There needs to be an Atlas Shrugged style strike, so these stinking parasites came begging back to the people.
11. mark said...
and like our inflation is low!!! yeh yeh...