True face of China -- A Modern Kaleidoscope Message Board

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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope

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To: RealMuLan who wrote (2407)	11/14/2007 2:19:25 PM
From: RealMuLan	Read Replies (1) of 12464

[this number is much less cooked than the US number]--China Says October Inflation 6.5 Percent By JOE McDONALD – 1 day ago ap.google.com BEIJING (AP) — China's consumer prices rose sharply in October, tying a decade-high monthly inflation rate of 6.5 percent, the government reported Tuesday, adding to pressure for measures to cool a politically sensitive surge in food prices. Food prices jumped 17.6 percent in October over the same month last year, while the price of pork, China's staple meat, soared 54.9 percent, according to the National Bureau of Statistics. The overall October inflation rate was higher than the 6.2 percent reported in September and matched August's 6.5 percent, the highest rate in 11 years.

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