{"id":13157,"date":"2007-06-12T10:07:29","date_gmt":"2007-06-12T17:07:29","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2007\/06\/12\/china-inflation-hits-27-month-high-subler-and-zhou\/"},"modified":"2007-06-12T10:07:29","modified_gmt":"2007-06-12T17:07:29","slug":"china-inflation-hits-27-month-high-subler-and-zhou","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2007\/06\/china-inflation-hits-27-month-high-subler-and-zhou\/","title":{"rendered":"China Inflation Hits 27-Month High – Subler and Zhou"},"content":{"rendered":"
\nFrom ABC News:\n<\/p>\n
\nSurging food prices boosted China’s annual consumer price inflation in May to a 27-month high, extending a rising trend and reinforcing expectations that interest rates will rise further.<\/p>\n
Inflation quickened to 3.4 percent last month from 3 percent in April, the National Bureau of Statistics said on Tuesday. Food prices, which make up a third of the consumer basket, rose 8.3 percent from a year earlier and a shortage of pork caused meat prices to jump 26.5 percent. [Full text]<\/a>\n<\/p><\/blockquote>\n