China inflation spike pricks policy easing expectations
A customer pays for her vegetables at a market in Beijing January 12, 2012.
BEIJING (Reuters) - China's annual inflation spiked to a consensus-busting 4.5 percent in January as spending jumped during the Chinese Lunar New Year holiday season, breaking a five-month softening trend and forcing a market rethink of policy easing expectations.
Credit: Reuters/Soo Hoo Zheyang
Kevin Yao and Nick Edwards
BEIJING
Thu Feb 9, 2012 5:52am EST
link-
http://www.reuters.com/article/2012/02/09/us-china-economy-inflation-idUSTRE8180BE20120209