Commentary
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| + | ====== China inflation rate now moderate ====== | ||
| + | 9 Jul 2012 by Jim Fickett. | ||
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| + | 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%. | ||
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| + | {{public:china_inflation2012-06.png?direct&480}} | ||
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| + | 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. | ||
