date:Oct 18, 2012
r price inflation in China has been moderating in recent months. Latest official statistics show that the food price inflation fell further to 2.5 percent in September from 3.4 percent in August, though the non-food price inflation rose to 1.7 percent from 1.4 percent. The producer prices fell by 3.4 percent, the seventh straight decline in a row.
Weinberg had said that it takes some time for the effect to materialize and provide the cushion for the Chinese economy, which faces the prospect of