Increasing prices point to persistent inflation in China

02/1/2010 | Washington Post, The

China's growing economy continues to face pressure from inflation, but data from two recent surveys paint a slightly different picture about the size of the problem. According to an official survey of purchasing managers, economic expansion still rising but at a slower rate than a 20-month high recorded in December, putting pressure on costs for producers. Similar data collected by HSBC show that prices paid for raw materials are increasing at their highest rate since mid-2008.

View Full Article in:

Washington Post, The

Published in Brief: