are you suffering inflation?
By sophialin
@sophialin (2677)
China
March 23, 2008 3:00am CST
china is suffering high inflation now.prices have risen dramatically in past year and seems no stop in the new year.the CPI is nearly to 8 percent last month,which is quite high.
recently,a popular saying in china is 'it is normal to run slower than LiuXiang,while you should run faster than CPI'.what about you? are you suffering inflation now? what's the price index in your country and what effect inflation brings to your life?
2 people like this
9 responses
@williamjisir (22819)
• China
23 Mar 08
Hello dear sophialin. I agree that we are suffering high inflation as everything is on the rise while we still keep the same salary without getting more. I hope this situation will be controlled by our government. I love the life two years ago when everything was cheap. It was a good time back to then.
1 person likes this
@sophialin (2677)
• China
22 Jun 08
hi my friend,prices of electric power and oil have gone up these days,but my salary still remain.
what about you?
@williamjisir (22819)
• China
22 Jun 08
It is the same salary like four years ago. No rise in salary. Next semester, more teachers will leave and will choose to work for companies doing foreign business, especially English teachers. I think that it is good for them to work in a company to make more fortune than to work in a school where the salary remains the same. Thanks.
1 person likes this
@the_vicar (1477)
• United States
23 Jun 08
Everyone is suffering from inflation. It is eating us up. My money doesn't go very far and so I have quit shopping for anything but essentials. You know food and water, enough gas to get me to work and back. All the extras will just have to wait until something is done about high prices, especially gasoline and electricity. I can only imagine how this will affect manufacturing when people quit buying trinkets.
@sophialin (2677)
• China
13 Jun 08
LiuXiang is a Chinese 110 metre hurdler. Liu is an Olympic Gold medalist and World Champion.
His 2004 Olympic gold medal was China's first in a men's track and field event.
Furthermore he is the first Chinese athlete to achieve the "triple crown" of athletics(World Record Holder, World Champion and Olympic Champion)concurrently.
here is a photo of him.
1 person likes this
@youless (112123)
• Guangzhou, China
28 Mar 08
We live in the same country, so I can understand it very well. And it seems that the pork is an obvious example to the inflation. Its price is double than before. And lately the milk powder has increased the price, too. It will be at least higher 20%--50%. Hard to imagine it.
@lancingboy (1385)
• United States
3 Apr 08
This doesn't have anything to do with the topic, but I heard something about Chinese and other asians in general and was wondering if it was true. Are asians really lactose intolerant? Meaning they cannot drink regular milk or they get sick?
1 person likes this
@blue_thr3e (403)
• Philippines
23 Jun 08
our country's continuously experiencing inflation.
the way to solve it probably is to increase the value of peso, but with our current economic status, our peso seems to be increasing only because the U.S. dollar is devaluing.
1 person likes this
@connforfun (96)
• India
18 Jun 08
This is the time when all countries are facing acute economic pressure,all countries whether developing or developed are having inflation issue.India is also affected but not that much.but whtever is the impact ,this is affecteing the poor and middle class people more.I think this whole year is going to be tough for whole world,so investors are also warned before investing money.
Due to inflation issue daily use products are worst affected like veg,oil,etc...
lets hope to we get repreived ith all this soon
1 person likes this
@brucekaushik (891)
• India
23 Jun 08
yes we are suffering from inflation here in India also. the prices of all sort of goods are raising up and we are unable to buy anything at a decent price these days and also because of this we sometimes are just not buying a few things that we wish to buy.
@TAPARIA (314)
• India
1 Apr 08
i am from India and inflation is on the rise in India also. the rate of inflation is more than 6.5% and prices of food and other items are rising. inflation remains slightly higher in developing countries but recently the prices of every items have doubled. Govt. is trying to tackle this problem or atleast it is promising to tackle it but i dont think that there is much the government can do
