China August inflation ticks up to 2 percent, room for easing narrows

Beijing : China | Sep 08, 2012 at 7:52 PM PDT

Source: International Business Times

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China 's annual rate of consumer inflation ticked up to 2.0 percent in August from July's 30-month low of 1.8 percent, official data showed on Sunday, suggesting that room to ease monetary policy to shore up growth may be narrowing. Economists polled by Reuters had forecast inflation to pick up to 2.0... FULL ARTICLE AT International Business Times

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