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Import Prices Spike: China is Now Exporting Inflation

Discussion in 'Fundamental Analysis' started by ActionForex.com, Apr 11, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Import prices spiked 2.8 percent in March, as imported petroleum prices surged 9.1 percent. Petroleum is now up 60 percent over the past year. Excluding petroleum, prices rose 1.1 percent and are up 5.4 percent year-to-year. The rise in import prices will raise the floor as to how far the...

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