Skip to content

Inflation untamed

Men smoke at a wholesale market in Beijing, China, Friday. China’s Consumer prices rose 5.4 percent over a year ago, driven by 11.7 percent surge in food costs, data showed Friday. That was up from February’s 4.9 percent and a setback for communist leaders who say taming inflation is their priority this year and have raised interest rates four times since October.
China Economy
Array

Men smoke at a wholesale market in Beijing, China, Friday. China’s Consumer prices rose 5.4 percent over a year ago, driven by 11.7 percent surge in food costs, data showed Friday. That was up from February’s 4.9 percent and a setback for communist leaders who say taming inflation is their priority this year and have raised interest rates four times since October.