China inflation hits 11-year high
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Chinese consumer inflation reached 7.1% in January, the highest rate for 11 years, official figures show.
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China raised interest rates on Thursday  for the sixth time this year, the latest of a series of  tightening steps to cap inflation and prevent the world's  fourth-largest economy from overheating.
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Chinaâs 11.9 percent annual rate of growth in the second quarter raised fears that the economy is overheating.
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CHINA has raised its interest rates for the first time in nine years to curb inflation and stop its fast-growing economy overheating.
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China's cabinet on Monday sharply increased penalties for price-fixing, expanding an anti-inflation campaign that has failed to cool a surge in politically sensitive food costs.
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China&#39;s central bank raised official borrowing costs for the first time in nine years Thursday night, a step aimed at slowing breakneck economic growth and inflation
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Chinese consumer inflation rose in  February on the back of higher food costs, but economists said  they did not expect price pressures to get out of hand despite  breakneck growth and plentiful cash in the banking system.
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Rising petrol and food costs push the price inflation of goods leaving UK factories to a new 16-year high.
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China raised interest rates on Thursday for the sixth time this year, the latest of a series of tightening steps to cap inflation and prevent the world's fourth-largest economy from overheating.
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The British pound struck a fresh 26-year high point on inflation concerns Tuesday while the euro hovered around its record peak against the dollar.
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Chinese inflation jumped to 2.7% in February, driven by higher food costs, official state figures show.
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Inflation reached a 27-month high while figures for growth suggested that the broader economy was not yet overheating.
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Zimbabwe's inflation rate, already the highest in the world, has soared to a new high of 66,212.3 percent, according to official figures obtained by AFP on Thursday.
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As much of the world grapples with a slowdown, Australia raises interest rates to an 11-year high.
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Indian inflation hits its highest level in more than three years, boosted by increasing energy and food costs.
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China raised interest rates on Friday  in the latest of a series of tightening steps aimed at keeping  inflation in check and preventing the world&#39;s fourth-largest  economy from overheating.
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Consumer prices rose 7.1 percent, the largest increase in more than a decade.