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Reply #6: asia: China's inflation rate falls to 4.2% in November [View All]

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-09-11 06:18 AM
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6. asia: China's inflation rate falls to 4.2% in November
http://www.bbc.co.uk/news/business-16104332

China's rate of inflation has fallen in November to its slowest pace in 14-months.

Consumer prices rose at 4.2% compared with the same month last year, the National Bureau of Statistics said on Friday.

Inflation was at 5.5% in October, after hitting a three-year high in July of 6.5%

Analysts said this creates more room for authorities to ease monetary policy and encourage economic growth.

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