Chinas inflation rate jumps, fueled by food price increases

9th August 2011, Comments 0 comments GENEVA, SWITZERLAND - The price of food rose 14.8 percent in July in China, led by a rise in the price of pork, a staple, which jump nearly 57 percent compared to a year earlier. The higher food prices led to an overall inflation rate increase of 6.6 percent year on year, up from a [...]

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