综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

China April inflation forecast at around 2.2%

Xinhua | Updated: 2013-05-08 10:42

BEIJING - China's Consumer Price Index (CPI) is likely to grow between 2.2 percent and 2.3 percent in April from a year earlier, slightly up from the 2.1 percent recorded in March, according to forecasts by several institutions.

The official CPI is due to be released by the National Bureau of Statistics on May 9.

The Bank of Communications expects the CPI, a main gauge of inflation, to come in at 2.2 percent in April, and inflation to be mild throughout the second quarter.

The recent outbreak of bird flu and the incident involving the death of pigs in a river in Shanghai have dampened people's appetite for pork, poultry and eggs, bringing their prices down in April, said Tang Jianwei, a senior analyst on macroeconomics at the bank.

Meanwhile, people ate vegetables, fruits and seafood instead, with demand pushing up prices, said Tang.

In terms of non-food prices, Tang said the latest round of property tightening has squeezed some people out of the housing market and pushed up rental demand and rents.

Meanwhile, a cut in fuel prices was seen in April, bringing down the logistics cost of the economy.

First Capital said food prices are expected to rise 3.2 percent in April from a year earlier, contributing 1 percentage point to inflation. The prices for non-food items will rise 1.7 percent, contributing 1.2 percentage points to the CPI increase. The agency also projected the CPI at 2.2 percent.

Shenyin WanGuo Securities put the inflation forecast at 2.3 percent, with the prices for food and non-food items rising 3.1 percent and 1.9 percent year on year, respectively.

The institutions generally believed that the CPI will be mild throughout the first half of the year, citing the Chinese government's frugality campaign, the spread of bird flu, and falling commodity prices in the global market.

But experts warned of the impact of global quantitative easing on China's inflation.

Li Xuesong, deputy director of the Institute of Quantitative and Technical Economics, Chinese Academy of Social Sciences, said the CPI is expected to rise 3.4 percent year on year in 2013, 0.8 percentage points faster than the reading in the previous year. He added that the level is "controllable."

Previous Page 1 2 Next Page

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
永德县| 会宁县| 西城区| 雷波县| 石阡县| 芜湖市| 南开区| 顺昌县| 霍林郭勒市| 肥东县| 镇雄县| 浑源县| 鄢陵县| 大名县| 蓬溪县| 巴马| 靖远县| 博客| 宁南县| 黄平县| 深圳市| 灵山县| 桦甸市| 泰顺县| 安平县| 通海县| 乡城县| 溆浦县| 仁寿县| 清远市| 湘乡市| 象州县| 阿鲁科尔沁旗| 加查县| 靖江市| 宜宾县| 新建县| 怀远县| 龙里县| 安陆市| 南京市|