Sunday, July 10, 2011
It's definitely high and increasing. However, it's not as high as it got in 2008, and nowhere near as high as in the mid nineties. (Source TradingEconomics.com).
Update: and here's interest rates. The central bank has been raising them lately (presumably in a bid to cool an overheated economy). Note however that with inflation running at 6%, real interest rates are still around zero (making it very attractive to borrow and build all manner of things).