Big Picture has an interesting post on inflation in China. Food is running at 18% inflation with meat and poultry at 49%.
It has been a bit of a bumpy ride in recent history for Chinese inflation.
Western Reserve Banks like to keep economies slightly inflationary. It looks like Chinese economic policy is starting to follow the same path after deflationary and inflationary swings back and forth. Inflation is certainly being kept in a smaller range.
Western Reserve Banks like to keep economies slightly inflationary. It looks like Chinese economic policy is starting to follow the same path after deflationary and inflationary swings back and forth. Inflation is certainly being kept in a smaller range.
