Inflation pushes retail spending up 20% through February

Consumer and Retail

Friday, September 05, 2008 23:45:14

	Inflation pushes retail spending up 20% through February By STAFF EDITOR Published: March 12, 2008 12:00 PM Inflation pushes retail spending up 20% through FebruaryChinese consumers racked up a US$245.52 billion (RMB1.74 trillion) spending bill in the first two months of this year, up 20.2% year-on-year, as the consumer price index hit an 11-year high of 8.7% in ... You are currently reading 39 words of 120 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: retail , inflation , oil	More Articles in Consumer and Retail > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Garment makers targeting domestic market outperform exporters Thai retailer eyes Chinese market Dairy makers approved to raise prices Citigroup casts doubt on the profitability of white goods manufacturers First official Chinese tour to US set for departure Laundry powder prices to climb at least 10% Construction set to begin in Guangzhou on world’s largest wholesale base

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