News Snapshot:
Global Economy: Hong Kong finance chief expects ' moderate ' inflation in ' buffered ' city - Bloomberg Global Economy: Hong Kong finance chief expects ' moderate ' inflation in ' buffered ' city - Bloomberg HONG KONG ( Aug 21): Hong Kong 's rate of inflation for the full year is likely to remain at a 'roughly moderate ' level of 2.1% because the city is buffered from some of the factors that have exacerbated inflation in the US and Europe , according to Financial Secretary Paul Chan .High international energy prices have helped drive up inflation in Europe...
