What are causes of inflation in China and how to cope with inflation? In the past decades‚ China has experienced a rapid economic growth. However‚ Chinese people have been greatly affected by the inflation caused by such rapid economic development. Compared with other years in 2000s‚ the inflation rate in 2004‚ 2007‚ 2008 and 2010 were quite higher which more than 3 percent (Zhang‚ 2011). And in 2007 only‚ the Consumer Price Index (CPI) increased by nearly 5% from 2.2% to over 7% (Anderson‚ 2008)
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Inflation It’s causes‚ effect and remedies. By: Subrat Choudhury Inflation and Deflation I INTRODUCTION Inflation and Deflation‚ in economics‚ terms used to describe‚ respectively‚ a decline or an increase in the value of money‚ in relation to the goods and services it will buy. Inflation is the pervasive and sustained rise in the aggregate level of prices measured by an index of the cost of various goods and services. Repetitive price increases erode the purchasing power of money and other
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An analysis of Foreign Direct Investment in Nigeria: The Fate of Nigeria’s Agricultural Sector. 1Ogbanje‚ E C‚ 2Okwu‚ O. J and 3Saror‚ S.F. ogbanjece@yahoo.com; +2348036350197 1Department of Agricultural Management‚ University of Agriculture‚ Makurdi 2Department of Extension and Communication‚ University of Agriculture‚ Makurdi 3Institute of Food Security‚ University of Agriculture‚ Makurdi Received 11th June‚ 2010‚ Accepted 19th December‚ 2010 Abstract The study analysed the fate of the
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AN APPARAISAL OF THE EFFECT OF INFLATION ON THE DELIVERY OF CONSTRUCTION PROJECT IN NIGERIA. SUMMITED BY SANUSI‚ AZEEZ OLUWAWEMIMO HND II QUANTITY SURVEYING REG: 093052006 A PROJECT REPORT TO DEPARTMENT OF QUANTITY SURVEYING‚ SCHOOL OF ENVIROMENTAL STUDIES‚ LAGOS STATE POLYTECHNIC IKORODU CAMPUS IN PARTIAL FULFILLMENT FOR THE AWARD OF HIGHER NATIONAL DIPLOMA IN DEPARTMENT OF QUANTITY SURVEYING 2.10 INTRODUCTION Inflation has been in existence in the construction industry
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Inflation : measurement ‚ causes and consequences Measuring Inflation The main measure of inflation is the consumer prices index (CPI) : a measure of changes in the price representative basket of consumer goods and services . Differs from retail prices index (RPI) in methodology and coverage. - It forms the basis for the inflation target that the government requires the Bank of England’s Monetary Policy Committee to achieve. - It is also the main measure used in the rest of the European
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Inflation is the overall level prices of goods and services rapidly increase in an economy over a period time. When the overall price level increases‚ it will affect the decreasing purchasing power of the currency. An economic inflation is not occurs suddenly‚ it is causes by three types of inflation. The first cause is demand-pull inflation results from increases in aggregate demand on goods. The excess demand will cause the level price of goods rises. This is commonly described as "too much
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| | Inflation and its impact on the Pakistan Economy: Introduction: Inflation is the rise in the prices of goods and services in an economy over a period of time. When the general price level rises‚ each unit of the functional currency buys fewer goods and services; inflation is a decline in the real value of money and the loss of purchasing power of people. Inflation is a key indicator of a country and provides important view on the state of the economy and the policies of the government.
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Food Inflation Trends and Causes In our country almost 40% people are living below the poverty line and high inflation makes it extremely difficult for them to maintain the livelihood. Though Inflation hits the poorer the most‚ it also affects the middle class of our society significantly. For past few months Indian economy has been witnessing consistent spiralling food prices. Country got some respite with the food inflation rate declining to 6.60 percent for the week ended November 26‚ from
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measures unemployment rate by the number of people actively looking for a job as a percentage of the labour force. In its Economic Report on Nigeria released in May this year‚ the World Bank noted that “Nigeria’s annual growth rates that average over seven per cent in official data during the last decade place the nation among the fastest growing economies in the world noting that the growth has been concentrated particularly on trade and agriculture‚ which would suggest substantial welfare benefits
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DEPARTMENT OF MANAGEMENT AND MARKETING Macroeconomic Assignment Topic: Inflation in the economy and selected measures against inflation TABLE OF CONTENT 1. OVERVIEW OF ECONOMIC PERFORMANCE IN VIETNAM Vietnam joined the World Trade Organization in January 2007 and transformed from a heavily indebted country to a low middle income one in 2010. After opening up the country’s economy to foreign investors‚ its GDP grew by 7.3% on average from 2001 to 2010
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