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China's Inflation Eases

May 11, 2012 RSS Feed Print

However, wages and rental prices are rising in the longer term, noted ANZ in a commentary.

"We remain cautious on China's inflation outlook. Price reforms will continue to add pressure to China's structural inflation," it said, adding that "for the foreseeable future we expect to see significant increases in utility prices such as water, electricity, and fuel."

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Researcher Fu Ting contributed to this report.

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Follow Elaine Kurtenbach on Twitter: http://www.twitter.com/ekurtenbachsh

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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