US Consumer Prices May Rise

"For decades the low wages in China have created a dis-inflationary environment, which is now coming to an end. The US consumer will see a sharp rise in prices, including clothing, technology and even food." Read more here.

"The city of Beijing has said it'll be raising its minimum wage by 20 percent, to 960 Yuan ($140) a month, and is expected to be followed by others. The New York Times pins this on numerous factors, including growing competition for workers, state authorities insisting on higher standards, and a national policy effort to ease the gap between rich and poor. All good news, you might think, but these worker-friendly measures are taking their toll on manufacturing costs, and now there's talk of companies relocating production to cheaper locales." Read more here.

Just something to think about when opportunities to stock up present themselves, such as clothing and food sales.