Economists eye on PPI,CPI for any hints of inflation. It is a hot topic nowadays. Bad for the aveage consumer. We need to pay more for goods and services in the days to come in 2010.
For a short definiation of Inflation, visit www.baidu.com and search Precis on Inflation to get some idea if interested.
Francis Shieh aka Xie Shihao who taught economics for 4 decades including PPI and CPI but I have reservation about the accuracy of such. It depends on other factors as well. Economics is an inexact science.
Friday, December 18, 2009 at 2.08 p.m.