Wen said the government is focused on stabilizing the economy and will use fiscal policy such as value-added taxes, acceleration of interest rate reform and wider involvement of private investment in the economy rather than government spending increases.
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As saving is the opposite of spending, I expect that we will see an acceleration of the savings rate when third and fourth quarter savings rates of 2008 are published.
On the other hand, an acceleration in the inflation rate to just 3.0% would be expected to boost the level of the index by 8.92% annually through 2019.
In 2007, the rate of inflation acceleration caused a tipping point, and funds began flowing from stocks to commodities.
The year over year jump is the sharpest acceleration in the food inflation rate from one year to the next since 1978, according to IndexIQ.
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For example, August sales of passenger cars rose at a healthy year-on-year 12.1 percent rate, an acceleration of growth from the 10.7 percent registered in July.
Note that an upward trend in the rate of inflation reflects ACCELERATION in price changes.
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Beginning in the 2013 season, all 19 MLS clubs will use the data-tracking technology from adidas, providing coaches, trainers and players with real-time performance metrics including heart rate, speed, acceleration, distance, field position and, for the first time, power.
Often, epidemics begin with a low, steady rate of cases, followed by a sharp acceleration to a much higher peak.
The three key elements of this policy remained the adoption of a floating exchange rate system, the anchoring of monetary policy to the inflation target and the acceleration of banking sector reforms, he said.
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