China's Inflation Eases to 6.2 pct in August(在线收听

China's inflation eased in August from a three-year high as the country's economy cooled and global uncertainties lingered.

The National Bureau of Statistics says the consumer price index, a main gauge of inflation, slowed to 6.2 percent in August, compared to 6.5% in July, the highest in over three years.

Despite the drop, the figure far exceeded the government's full-year ceiling of 4 percent for 2011.

According to the agency, food prices rose more than 13 percent in August with the price of pork, a staple meet in China, rising by over 45 percent.
The steep rise in prices has left consumer's feeling purse-pinched.

"The current pork price is too expensive for me to buy it every day. I can only afford to buy pork once or twice a week. The price changes everyday. It is insanely high now."

For more on China's inflation figures, our reporter Li Sha talked with Patrick Chovanec of the School of Economics and Management in Tsinghua University.

  原文地址:http://www.tingroom.com/lesson/highlights/162946.html