China's consumer price index (CPI), the primary measure of inflation, rose to 2.7% year-on-year in June from 2.1% in May, Reuters reported, citing data released by the National Bureau of Statistics today. A 4.9% increase in food prices ...
Tags: China Inflation
THE dollar is back above $US1.04, thanks to weakness in the greenback and softer Chinese inflation figures. At 5pm AEST, the Aussie was at $US1.0424, up from $US1.0379 yesterday. Rochford Capital senior consultant Richard Breen said ...
Tags: economy
BHP Billiton, Rio Tinto and Woodside Petroleum jumped between 1.4 per cent and 3.5 per cent after commodities including copper, oil and iron ore rose between 0.6 per cent and 1.3 per cent early yesterday. Among iron ore pure plays, ...
Tags: economy