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Global prices are rising     posted on 8th of may, 2008

Global prices are rising, vegetables, eggs, meat and so on, people's lives more and more difficult, so the Lebanese riots had taken place. China's CPI rose in the same, and wage gains have been disproportionate, is not only prices, house prices still has not declined, the average family can ill afford the high housing prices.


Tags: china lebanese price rise

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Comments (2)

Comment by Maigi on May 10, 2008
I don't think it's global. Although that's the case in Estonia too. I'm not an economist, but I think that global trade is a balanced system, if prices are rising for some people or countries, there's always somebody or some country who benefits and gets profit from that. I just wonder, who is it now...
Comment by Mikoo on May 08, 2008
yes ,chinese live difficult than before.

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