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Costlier food boosts Chinese inflation

2012-02-09 15 Dailymotion

China's inflation rate spiked in January after having fallen for the previous five months.<br /><br />It was up by 4.5 percent from January last year due to a jump in spending during the Chinese Lunar New Year holiday season. <br /><br />Food prices, which make up a third of China's consumer price index, surged 10.5 percent from a year earlier.<br /><br />...<br />http://www.euronews.net/

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