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

TRENDSnIFF

September 18th, 2008 at 11:03 pm

August Inflation Update in the Region

China – 4.9 percent, 14-month low and down from 6.3 percent in July

India – 12.1 percent at end-Aug, declined from early Aug’s 12.63% which was 16-year high

Indonesia – 11.85 percent, largely driven by higher education costs with the start of the new
school year, as well as pricier food ahead of the Muslim holy month of
Ramadan

Hong Kong – 4.6 percent, cools from July’s 6.3% which was highest in a decade on food, rental costs

Korea – 5.6 percent, down first time in 6 months

Malaysia – 8.5 percent (July), steepest rise since 8.5% Dec 1981

Philippines – 12.5 percent in August, 17 year-high

Singapore -  6.4 percent  – housing costs rose an annual 12.8% in August on higher electricity tariffs and rents while food prices jumped 8.4%

Taiwan – 4.78 percent, down from July’s 14-year high at 5.9%

Thailand – 6.4 percent – fell from last month’s 10year high

Vietnam – 28.3 percent in August, highest level in 17 years (driven by price increases in food, transportation, housing and construction materials) The inflation rate was 27% in July, 26.8% in June, and 25.2% in May.

Share this article:
  • Digg
  • del.icio.us
  • Technorati
  • Mixx
  • LinkedIn
  • YahooMyWeb
  • NewsVine
  • Reddit
  • StumbleUpon
  • Google Bookmarks
Tags: , , , , , , ,
-

 

RSS feed for comments on this post | TrackBack URI

  • Help end world hunger
  • Gift Idea

  • Meta

  • Archives