CONSUMER PRICE INDEX

Gold rises above $1,360, inflation in focus

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Gold rose above $1,360 an ounce on Monday as the dollar's retreat from highs versus the euro took some pressure off prices, with a second consecutive weekly price rise underpinning investors' confidence in the metal.
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A migrant worker pushes his belongings past a vendor selling foldable stools near Dongguan East station in southern China

China may hike interest rate within a month: report

China is expected to see another interest rate hike within a month as the government intensifies its efforts to control the rising inflation, The New York Times reported on Wednesday citing a forecast of economists and bankers.
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Eurozone January inflation rises to 2.4 pct

Inflation in the eurozone rose to 2.4 percent in January from 2.2. percent in December, according to the preliminary estimates of Eurostat, European Union's official statistics agency.

Japan deflation drags on for 22nd month

Japan's core consumer prices fell in December from a year earlier for a 22nd consecutive month, as slow wage growth and sluggish demand kept the country mired in deflation while the government grapples with heavy public debt.

China Q1 GDP seen up 9 pct y/y, CPI up 5 pct -report

China's annual economic growth is expected to ease to about 9 percent in the first quarter while consumer inflation is projected at 5 percent, according to a government think tank report published in the official Chinese Securities Journal on Thursday.

China media lauds Hu's U.S. visit as masterstroke

Chinese media praised President Hu Jintao's visit to the United States on Friday as a diplomatic masterstroke in easing tensions, but reports largely ignored thornier questions of currency and human rights.

China rate hike looms as inflation becomes political issue

Close on the heels of a China central bank adviser hinting at an imminent rate hike, a state-controlled newspaper has said more rate hike is on the cards, probably as early as in February, confirming the dominant view that Beijing will pull out all the stops to address what is becoming a serious political problem.

Gilts slide after surge in UK inflation

Gilts and short sterling futures slid on Tuesday after data showed UK consumer price inflation rose faster than forecast in December, fuelling concerns the Bank of England may be forced to raise interest rates sooner than expected.
A woman shops for groceries

US inflation nudged up 0.5 pct in Dec.

U.S. inflation increased a marginal 0.5 percent in December on a seasonally adjusted basis, helping annual inflation rate to rise to a seven-month high, while core prices nudged up by 0.1 percent.
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Britain scraps forced retirement age at 65

Companies will no longer be able to force staff to retire at 65, Britain's government said on Thursday in a move to boost the number of older people staying on at work as the population ages.
A customer looks at laptops at a Dell outlet in Beijing December 13, 2010.

How will China's economy perform in 2011?

As the global economy is entering arguably another tumultuous year, spotlight is sharply on the prospects, policies and risks of China's economy, which has all but sailed past Japan's as the world's second largest after the United States.
Traders work on the floor of the New York Stock Exchange

US futures decline as Spanish concern weighs

Futures on major U.S. stock indices point to a lower opening on Wednesday with futures on the S&P 500 down 0.47 percent, futures on the Dow Jones Industrial Average down 0.39 percent and Nasdaq100 futures down 0.47 percent.

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