Author: shyam

Inflation: its here!

World map showing inflation, updated for 2009....

Image via Wikipedia

China

Consumer price inflation in China quickened to 5.4% in the year to March, the fastest rate since July 2008, from 4.9% in the first two months of the year.

India

In India, the Wholesale Price Index, the main inflation gauge, rose 8.98% in the year to March, up from 8.31% in the 12 months to February.

Euro Area

Euro area inflation hits a fresh 29-month high of 2.7% year-on-year, up from 2.4% in Feb. and 1.6% a year ago. Expectations were for 2.6%. Month-on-month, inflation was +1.4%, the sharpest rise on record.

UK

Bank of England policy maker Andrew Sentance said a slowdown in inflation may prove short-lived as the pound’s weakness threatens to push it above 5%.

Source: Reuters, Eurostat, Bloomberg

Related articles
Enhanced by Zemanta
Categories Tags

Chinese companies go on global bond spree

Mainland groups have already borrowed $12.2bn from international investors so far in 2011 – more than five times the amount they had secured by the same point last year, according to data provider Dealogic.

Half of the offshore bond issuance this year has come from privately-owned property companies – such as Evergrande, Country Garden and Longfor Properties – that have seen funding channels dry up on the mainland.

FT.com / Capital Markets – Chinese companies go on global bond spree.

Categories