Consumer inflation rises in China
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China's consumer inflation picked up pace in November, largely due to an increase in food prices, figures show.
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Inflation at the consumer level rose by a larger-than-expected amount last month as falling energy prices only partially offset big increases in the cost of medical care, food, and airline tickets.
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China's central bank on Thursday raised  interest rates for the first time in nearly a decade in its  boldest move yet to guide its heated economy to a path of  slower growth.
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Inflation in China reached a 27-month high last month, but separate figures for growth in the money supply and loans suggested that the broader economy was not yet overheating.
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Wholesale inflation rose last month at the fastest pace in more than 14 years, largely because of steep jumps in energy and food costs, the government reported yesterday, raising concerns that businesses may be under growing pressure to raise consumer prices.
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India's inflation rate rose above eight percent, its highest level in over three and a half years, on the back of an uptick in food and fuel prices, government data showed.
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WASHINGTON -- Consumer inflation surged by the largest amount in more than two years in November, led by gasoline prices. The cost of clothing, airline tickets and prescription drugs also jumped.
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Core U.S. consumer prices rose 0.2   percent as expected in August, but a year-on-year inflation   index was at an 11-year high, pointing to risks of inflation, a   government report showed on Friday.
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U.S. consumer prices rose an  as-expected 0.2 percent last month, a government report showed  on Tuesday, but a sharp jump in lodging costs helped push core  inflation up at its fastest pace in five months.
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WASHINGTON -- Higher costs for energy and food last year pushed inflation up by the largest amount in 17 years, even though prices generally remained tame outside of those two areas.
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China raised its benchmark interest rates on Thursday for the sixth time this year, in the latest in a series of tightening steps to contain inflation and prevent the world's fourth-largest economy from overheating.
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Consumer prices rose by a bigger-than-expected amount in January, reflecting big increases in the cost of food and health care, the government reported Wednesday.
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China's economy picks up pace, stoking fears it may be overheating and driving the rate of inflation.
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The UK inflation rate rises in  the year to December, thanks partly to rising household gas prices.
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Consumer prices rose faster than most workers' wages last year, as surging energy prices pushed inflation to the highest level in four years, the Labor Department said yesterday.
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China's central bank on Thursday raised interest rates for the first time in nearly a decade, signaling deepening unease with the breakneck pace of development and an intent to reign in a construction boom now sowing fears of runaway inflation.
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BEIJING -- Chinese inflation rose to its highest level in more than two years in May, driven by soaring prices for pork and other food, according to government figures released Tuesday.