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FEW would deny that the recent increases in petrol price, toll rates and utility charges have made the cost of living more expensive. From 2005 to June 2007, the consumer price index (CPI) increased by 5.3%, with the largest increases seen in the cost of transport, beverages and tobacco, pharmaceuticals, and restaurants and hotels. The CPI provides an indication of the cost of living based on a defined basket of goods and services.
TOKYO (AP) - Japan's economy grew at a 0.8 percent annual rate during the April-June quarter, marking the sixth straight quarter of expansion driven by booming investments and solid consumer spending, the government said Friday.
After a decade of relatively tame prices, American consumers are starting to feel the ouch'' of inflation as the cost of everything from coffee, candy and home appliances is marching higher.
VISITORS to Shenzhen surely do not want to miss out on the city#039;s gourmet offerings to whet their appetite and the spectacular cultural performances by top-notch performers at the China Folk Culture Villages and Splendid China.