China: Consumer price inflation rises 0.9% on year

China: Consumer price inflation rises 0.9% on year

Samuel Tombs, chief United Kingdom economist at Pantheon Macroeconomics, said: "March's CPI inflation rate comfortably exceeds the 2.1% anticipated by the MPC in February's Inflation Report, largely due to higher core goods prices.

However, the CPI for March remained lower than analyst expectations, who had forecast a one per cent gain, thus casting doubts on the strength of domestic demand.

However, economists overwhelmingly believe that inflation rate will surge close to three per cent by the end of the year, faster than the predicted rise in household incomes.

China's producer price index, which measures costs of goods at the factory gate, rose 7.6 percent year on year in March.

The Reserve Bank of India (RBI), which kept its key lending rate unchanged last week, has warned of a looming inflation threat over the next 6-12 months, obliquely leaving the door ajar for an interest rate hike in 2017-18.

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Many are forced to marry early or must work or care for younger siblings, denying them their right to education. I have second life for the objective of [pressing for] education and I'll continue working on [this issue].

Producer prices rose slower than in February, with the Producer Price Index (PPI) up 7.6 percent compared to the year before, down from February's 7.8 percent.

Unilever wanted Tesco to raise the price of Marmite to offset an increase in inflation but the supermarket didn't want to deter its customers.

ICRA expected the CPI inflation to rise to above 4.5% in March 2017, as the base effect continues to unwind and prices of perishables track a seasonal uptrend, while remaining below the RBI's forecast of 5%.

Also in April, increases in taxes on air passengers and auto owners are kicking in and many utility companies are raising their prices too.

The figures mean that many people's take home pay is going up by less than price increases for essentials like food and clothes.

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I have to ask fundamentally, a man who bragged about sexual assault won the election and won 53% of the white women's vote. She said the lack of preparation made by Donald Trump and his team has led to "growing pains" being displayed in public.

The total of people out of work in the United Kingdom has fallen to its lowest since 2006 with the employment rate equalling its highest figure since records began 46 years ago. Meanwhile, the number in work rose by 39,000 to a new high of 31.8 million, representing an employment rate of 74.6 per cent, the joint highest since records began in 1971.

"Households are being caught in a ideal storm of rising inflation and slowing labour income growth", said Samuel Tombs, chief United Kingdom economist at Pantheon Macroeconomics.

The figures were affected by a drop in food costs, while prices for medical care, housing, education and entertainment, and transportation and communication have increased, Sheng said.

Liberal Democrat leader Tim Farron said: 'Workers are now suffering a real fall in living standards.

"We can also expect notable increases in transport services, particularly airfares, in April and prepare for inflation move significantly higher in the months ahead, which will slow consumer spending", Ramsey said.

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