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Japan and China CPI up – inflation

Posted by Adrian on January 25, 2008

“Japan’s core consumer price index rose 0.8 percent in December from a year earlier, more than the consensus forecast, because of higher prices of gasoline and food, government data released Friday show. The increase was the biggest since March 1998, when the core CPI rose 1.8 percent.

The core CPI excludes volatile prices of fresh food but includes energy prices.”

“Chinas economy expanded by 11.4% in 2007,

the fastest in 13 years, while year-average consumer inflation hit an 11-year

high of 4.8%, prompting increasing concern among policy makers”

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