日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

 

Inflation seen to weaken in Oct.

0 Comment(s)Print E-mail Shanghai Daily, November 1, 2011
Adjust font size:

China's inflation may weaken significantly in October due to falling food costs and a higher comparative base, analysts said Monday.

The Consumer Price Index, the main gauge of inflation, may grow between 5.3 percent and 5.5 percent from a year earlier in October to notch a possible five-month low, some analysts predicted.

The rate will be slower from 6.1 percent in September, 6.2 percent in August and the 37-month high of 6.5 percent in July.

"October is going to become the third consecutive month for China's inflation to moderate," said Tang Jianwei, an economist at the Bank of Communications, who expected a rate of 5.4 percent.

He said the tight monetary policies have caused food costs to decline and he expects the inflation to ease after July'as rate.

According to figures from the Ministry of Commerce, the prices of key agricultural products fell mildly month on month in each week of October.

But the food sector, which accounts for one-third in the CPI basket and was responsible for this round of higher inflation, still expanded by 13.4 percent in September and August on the whole.

Li Maoyu, an analyst at Changjiang Securities Co, said China's inflation may weaken to 4 percent in December.

"Falling prices of global commodities amid a gloomy economic outlook, together with a higher comparative price base in China, will help contain CPI rise under 5.5 percent for the whole year," Li said. "It will also help to adjust policies to support growth."

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 合作市| 沁水县| 涞水县| 江永县| 楚雄市| 吉林市| 斗六市| 和林格尔县| 康平县| 万山特区| 昌都县| 甘肃省| 康保县| 桂林市| 漳平市| 万安县| 贺兰县| 桑植县| 东明县| 闻喜县| 茶陵县| 永嘉县| 贡山| 根河市| 延长县| 千阳县| 延庆县| 景德镇市| 邛崃市| 重庆市| 剑河县| 额济纳旗| 昌平区| 广元市| 光泽县| 增城市| 永济市| 巴林左旗| 镇康县| 杭州市| 东源县|