Inflation

Chinese inflation hits fresh high

Inflation in China soared to a new 12-year high last month, the National Bureau of Statistics revealed on Tuesday 11 March. Prices rose by 8.7% in the year to February from 7.1% the previous month, with food costs up by 23.3%.

Taiwan set to raise rates

Fai-Nan Perng, the governor of the Central Bank of China (Taiwan), has told the country's parliament that he will carry on hiking rates to dampen inflationary pressures.

Policy shifts improved inflation outlook

The decline in the level, persistence and volatility of inflation across industrialised countries since the mid-1980s is due in part to improvements in monetary policy, finds a Bank of England working paper.

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