a head of ideas – a nose for trends – an eye on Asia

TRENDSnIFF

July 17th, 2008 at 4:36 pm

Asia Pacific – June Inflation (Update)

Several Asian countries reported record June inflation figures largely fuelled by soaring food costs, energy prices and removal of oil subsidies by some governments in the region.

Australia – 4.5 percent, 17-year high

China – 7.1 percent, (fell from 7.7% in May)

Hong Kong – 6.1 percent (updated)

India – 11.91 percent, 13-year high

Indonesia – 11.03 percent, 21-month high

Malaysia – 7.7 percent, 26-year high

New Zealand – 4 percent (annual inflation rate, 18-year high)

Philippines – 11.4 percent, 14-year high

Singapore – 7.5 percent, 26-year high

South Korea – 5.5 percent, 10-year high

Taiwan – 4.97 percent (updated)

Thailand – 8.9 percent, 10-year high

Vietnam – 26.8%

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