In the U.S., consumers are paying more for everything. In China, the inflation problem is very different - CNBC

4/11/2022 12:00:00 AM3 years 1 month ago
by Evelyn Cheng
by Evelyn Cheng
Persistent inflation in China narrows the window for when the People's Bank of China can cut rates and support growth, economists said.
Transportation fuel prices rose by 24.1% in China in March 2022 from a year ago, the largest increase within the country's consumer price index. BEIJING Persistent inflation in China narrows the win… [+4175 chars]
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