Tuesday 26 February 2008

Talking inflation

Just so you know the facts:

  • Inflation was lower in Jan 08 at 2.3%.
  • Prices of clothes, footwear and communications have been and will continue declining.
  • The price of food and non-alcoholic beverages rose at a slower pace of 3.9% in Jan 08 from 4.2% in Dec 07. It's expected to trend higher in Feb 08, due to CNY festive demand.
  • Increasing prices of food and commodities is expected to have upward pressure in inflation in 2008 as a whole.

suicide doors: keeping you informed.

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