Reuters Business News: China inflation hits 27-month high as food costs soar - MSN Money
Reuters Business News: China inflation hits 27-month high as food costs soar - MSN Money
Inflation quickened to 3.4 percent last month from 3 percent in April the National Bureau of Statistics said on Tuesday. Food prices which make up a third of the consumer basket rose 8.3 percent from a year earlier and a shortage of pork caused meat prices to jump 26.5 percent.