Comments on: Instant (Noodle) Inflation

By: ScottLoar

ScottLoar — Thu, 03 Feb 2011 02:17:35 +0000

That in the year 2011 daily information recounted by the news media in China remains a closed book to certain analysts in say, London or Boston, does leave me gobsmacked.

By: London Analyst

London Analyst — Mon, 31 Jan 2011 13:55:22 +0000

Sorry Scott but not all of us have access to that Shanghai data. I’m in London with all of the money I want to spend on data, and I can’t get that kind of thing. For my purposes this is terrific.

By: ScottLoar

ScottLoar — Wed, 19 Jan 2011 00:50:31 +0000

“I need that data!” The Shanghai news programs daily report the price fluctuations on a large variety of common foodstuffs by a data strip going by on the bottom of the tv screen along with exchange rates and other topics of consumer interest, and price increases are a topic commented upon almost daily by the networks and reported in the newspapers. There is no mystery about this and KFC – which is holding prices – is not a reliable indice.

By: BostonEcon

BostonEcon — Mon, 17 Jan 2011 00:27:15 +0000

Thanks for this. For all of the facts and figures out there it's nice to see some actual Chinese "inflation in action." There's too much reporting of stats and not enough reporting what's going on in the actual markets. I need that data! I know Patrick Chovanec has his so-called KFC index but that always struck me as the lame construction of a foreigner who doesn't speak or know anything about China. So he goes to a Western restaurant to find his inflation numbers. This post, at least, speaks to the real market. So thanks.