Wednesday, February 20, 2008

China's inflation hits 11-year high, analysts warn bigger increases to come

Economists have warned that despite efforts to ease food shortages, China faces pressure for prices to rise across the board due to higher wages, costs for coal, iron ore and other industrial materials.


Source : http://timesofindia.indiatimes.com/Business/Intl_Business/Chinas_inflation_hits_11-year_high_analysts_warn_bigger_increases_to_come/articleshow/2795297.cms

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