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2,2
The high price problem has swept across the globe. Things are even worse in the emerging markets, espcially China and India, among others. And this has brought the issue of inflation.
The just released CPI by the National Statistic Bureau shows it is still running at a high level, commodity price keeps rising, oil price goes upwards, so does the paycheck though it never catches up the rising rate of commodity prices. I guess this will stay for a bit long time.
When we look to the West, they are also encountered with inflation problem now. Though it enjoys a low inflation and it is some good to the development of economics, yet they have to do something to prevent it from running high.
We have enjoyed the fruits of fast growing economies, guess it is thime to suffer the perils and pains. And the measures are left to the officials to mitigate the pain.
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