China’s September inflation rate eases to 6.1 percent, creating leeway for stimulus

BEIJING — China's inflation rate edged lower in September, giving Chinese leaders leeway to stimulate the economy as U.S. and European growth slows.

Consumer prices rose 6.1 percent, down from August's 6.2 percent but well above the government's 4 percent target for the year, data showed Friday. Food price inflation held steady at August's level of 13.4 percent.

Read full article >>

Sandhya Somashekhar 14 Oct, 2011

--
Source: http://feeds.washingtonpost.com/click.phdo?i=bb8da4c6015f4f63c93f1d296be9d76f
~
Manage subscription | Powered by rssforward.com