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investment:commentary:2012:07:09-china_inflation_rate_now_moderate [2012/07/09 21:02] (current)
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|+||====== China inflation rate now moderate ======|
|+||9 Jul 2012 by Jim Fickett.|
|+||Today China [[http://www.stats.gov.cn/english/pressrelease/t20120709_402816580.htm|reported]] inflation figures for June. The overall CPI inflation rate was 2.2% and that for food was 3.8%.|
|+||Most news articles comment that there is now opportunity for further stimulus, or even the need for more monetary easing to prevent deflation. One wonders how long the near-universal faith in an alternating diet of caffeine and tranquilizers can persist.|