Inflation Accelerates in China: CPI +5.5%, Food +11.7%, PPI +6.8%, Fixed Asset Investment +25.4%; Peak Oil Will Slow China

I keep repeating that those looking for "inflation" where by prices or by credit expansion, need to look at China, not the US. Please consider China’s Inflation Accelerates to 5.5% China’s inflation accelerated to the fastest pace in almost three years in May and industrial production rose more than estimates, sustaining pressure for a further [...]

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