Wednesday, February 13, 2008 11:34 PM
by
will
Hamster inflation
Only in China:
A sudden spike in the demand for pet rodents, inspired by the start
of the "Year of the Rat", has forced the price of hamsters up by as
many as six times in China, state media reported Wednesday.
Prior
to the Lunar New Year, hamsters went for as little as five yuan (70 US
cents) each, but now they cost as much as 30 yuan, the People's Daily
said in a report posted on its website.
"More people want
rat-like pets," Yi Xiaoran, an online hamster trader, told AFP. "I've
got at least twice as many customers looking for hamsters now than
before Lunar New Year."
Man, when little Johnny can't have a pet hamster, that's when inflation hits home.