Stephanie Ho | Beijing 11 November 2010
An elderly Chinese couple pushes carts load with groceries as they shop at a supermarket in Beijing, China, 11 Nov 2010
Inflation in China for the month of October rose well above the official target, which is leading to increased pressure on the Chinese government to introduce new tightening measures. Stephanie Ho reports from Beijing.
Official statistics released Thursday show China's inflation rate for October jumped to 4.4 percent, the highest in 25 months.
The highest inflation came in foodstuffs, which saw prices rise more than 10 percent. The official target for overall inflation this year is 3 percent.
Brian Jackson, a financial analyst in Hong Kong with the Royal Bank of Canada, thinks inflation in China has been high, and is still likely to move higher.
"It's been going high for about eight months now, and that is causing a lot of concern for the cost of living for Chinese households," said Jackson. "And I think that is putting a lot of political pressure on p
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