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- Food inflation slips to 17.81 pc, fuel prices rise

15 hours ago ago from Mathrubhumi - English News

Home | Kerala | India | World | Business | Sports | Entertainment | Science & Technology | Health | Indians Abroad | Features | Articles | Editor's Pick | Column | Photogallery | IST: Home Business Posted on: 11 Mar 2010 Food inflation slips to 17.81 pc, fuel prices rise New Delhi: Food inflation slips to 17.81 pc, fuel prices ...

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India Food-Inflation May Slow After Near 18% Gain

9 hours ago ago from Storm News Watch

From www.businessweek.com : Agriculture prices surged in India after last year s monsoon rains between June and September, the main source of irrigation in the country, were the weakest since 1972. ... The wheat harvest will also reach a record this year and the government may consider lifting a ban on its exports, Indian farm minister Sharad Pawar said March 4. ... Sixty percent of the January inflation reading of 8.56 percent was ...

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China - is this a bubble soon to burst?

13 hours ago ago from CONTRARIAN INVESTOR UK

Today it was announced that Chinese inflation hit a 16 month high, meaning potentially higher interest rates. The annual rate of consumer price inflation rose to 2.7% in February, up from 1.5% in January, and ahead of analysts' expectations of 2.3%. In addition, new loans exceeded forecasts, adding to the case for the government to cut stimulus measures. The People’s Bank of China hasn’t raised benchmark interest rates since December 2007, ...

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China Inflation Strikes 16 month Rise, Elevates Force for Stimulus Cut

13 hours ago ago from Daily Latest News

In February, China inflation strikes 16th month high, due to this China government prompt to make its stimulus policies reasonably.In February, Consumer price inflation has hiked to 2.7 per cent, year-by-year, if compared with a rate of 1.5 per cent in January.The comparatively sharp point in inflation separated opinion amongst economists. Some told that the rate was exact, whereas others told it was a flip for the reason. China ...

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China’s Inflation Accelerates in February

22 hours ago ago from The New York Times

Filed at 10:45 p.m. ET BEIJING (AP) -- China's inflation spiked higher in February, adding to pressure on Beijing to prevent overheating and keep the recovery in the world's third-largest economy on track. Consumer prices rose 2.7 percent in February over a year earlier, up from January's 1.5 percent increase, the National Bureau of Statistics reported Thursday. That exceeded most analysts' forecasts and was driven by a 6 percent jump in ...

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Chinese Consumer Prices Rose 2.7 Percent

16 hours ago ago from The New York Times

BEIJING Consumer prices in China rose 2.7 percent in February over the year-earlier period, according to data released on Thursday, partly attributable to the Lunar New Year holiday but also to rising inflationary pressures in China s economy. Other data on Thursday reflected China s continued strong recovery from the global economic crisis. For the combined January to February period, which factors out distortions from the Lunar New Year ...

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Why the U.S. can't inflate its way out of debt

6 hours ago ago from CNN Money

Why the U.S. can't inflate its way out of debt By Jeanne Sahadi, senior writer March 11, 2010: 1:34 PM ET NEW YORK (CNNMoney.com) -- It's dawning on people that getting a handle on burgeoning U.S. debt will be a long and hard process. So if lawmakers can't agree on a credible plan, some have suggested that the country could just inflate its way out of its fiscal ditch. The idea: Pursue policies that boost ...

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Smithfield Foods swings to 3Q profit of $37.3M

10 hours ago ago from Hampton Road Daily Press

SMITHFIELD - Following four consecutive quarterly losses, Smithfied Foods Inc. bounced back with net income of $37.3 million in its third quarter, or 22 cents per share. The Smithfield -based hog producer and pork processor lost $105.7 million, or 74 cents a share, a year ago. Driven by continued strength in its packaged meats business and a lower-than-expected loss from its hog-production sector, the company beat Wall Street analysts' ...

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BBC News - Chinese inflation hits 16-month high

15 hours ago ago from BBC

Spending on New Year celebrations may have lifted prices last month Chinese inflation hit a 16-month high in February, causing economists to call for the government to tighten the economy to prevent overheating. The annual rate of consumer price inflation rose to 2.7% in February, up from 1.5% in January, and ahead of analysts' expectations of 2.3%. UBS economist Tao Wang said China may now raise interest rates, which have ...

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