Saturday, January 22, 2011

Year 2010 Economic growth and Inflation rate

China:
- year 2010 economic growth was 10.3%,
- while inflation rate was only 3.3%.
Inflation was much below its economic growth, but even this has made China government busy with a series of concrete action to curb inflation and a little bit cool down its economy.

Indonesia:
- year 2010 economic growth was 6%,
- year 2010 inflation rate was 6.96%.
Inflation was 0.96% higher than economic growth, yet government plans to raise fuel price and might also electricity tariff?

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