Financial Times FT.com

China inflation highest in over 11 years

By Richard McGregor in Beijing

Published: February 18 2008 17:30 | Last updated: February 19 2008 02:20

China recorded an inflation rate above 7 per cent in January – the highest in more than 11 years and providing evidence of entrenched inflationary pressures.

The National Bureau of Statistics on Tuesday said that inflation surged to 7.1 percent from 6.5 percent in December.

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