Harvests allay food inflation concern CHANGCHUN, Oct. 10 (Xinhua) -- Spikes in food prices could be devastating as it may force policy makers to reverse actions being used to stimulate China's weakest growth in three years. Soaring overseas grain pri...
BEIJING, Aug. 29 (Xinhuanet) -- Since the beginning of 2011, China has taken a series of measures to cool rising prices, such as introducing a prudent monetary policy, boosting supply and containing inrrational demand while establishing a price contr...
WASHINGTON, June 6 (Xinhua) -- The International Monetary Fund (IMF) said on Monday that it saw inflation the No. 1 challenge for the British economy in 2011. There are significant risks to inflation, growth and unemployment, the Washington-based fin...
Soaring food prices, one of the triggers that toppled former Egyptian(埃及的 ) President Hosni Mubarak, helped push the country's annual inflation rate past 12 percent in April. Egypt's statistical agency reported Tuesday that food and beverage co...
A United Nations economic survey for Asia Pacific says the region is now a leading driver of global economic growth, continuing a dramatic recovery from last year. U.N. economists warn that rising oil and food prices especially threaten millions of t...
New Zealand inflation is up by 5% for the year ending September 30th. This is the highest increase for 18 years, but Australia is reporting the same increase. The Governor of the New Zealand Reserve Bank has to keep inflation between 1% and 3% so thi...
Vietnam recently devalued its currency, the dong, by 9.3 percent against the dollar. Analysts say soaring inflation here makes life harder for many Vietnamese workers. Consumer prices in Vietnam this January were more than 12 percent higher than they...
Inflation seems to be a big issue at the moment. Every time I turn on the news there is a story about inflation. Many countries around the world are fighting to keep inflation under control. Sometimes you read about countries that lose the battle aga...
Chinese economic authorities have signaled that fighting rising prices will be their top priority next year. China's government set an average inflation rate target this year of 3 percent, but some economists expect the rate to top that figure. Last...
Inflation expectation presses for rate hike The possibility of an interest rates hike by China's central bank is imminent as inflationary pressure prolongs and a prudent monetary policy is in place, the China Securities Journal reported Friday. China...
