国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

CPI to rise 3.3% in 2007

(Reuters)
Updated: 2007-06-20 09:14

China's consumer price index is expected to rise about 3.3 percent in 2007, moving above the government target of three percent, the State Information Centre said on Wednesday.

The forecast came after China's consumer price index (CPI) hit a 27-month-high of 3.4 percent in May, driven by an 8.3 percent rise in food prices, from 3.0 percent in April and 3.3 percent in March.

"Consumer inflation in 2007 is to be pushed up by food price increases, and food price increases are the result of a surge in meat, poultry and egg prices," the think-tank said in a report published on the China Securities Journal.

The centre is a research body under the China National Development and Reform Commission, China's top planning agency.

The report said the rise in meat and other foods would not slow considerably until the last quarter of this year because of high grain and cereal prices.

But it did not provide any forecast on policy moves.

A surge last month in the price of pork, a staple meat on Chinese dinner tables, raised concerns about inflation. After the May inflation data was released last week, Premier Wen Jiabao said the government was prepared to tighten policy further to restrain the economy and inflation.

Various ministries also scrambled to respond in an effort to ease public worries about inflation. The Ministry of Commerce said pork prices in major Chinese cities had dropped slightly in the first 10 days of June.

But according to the report, meat and egg prices could rise even further in coming weeks, following a 26.5 percent surge in meat prices in May.

Besides food, inflation pressures are under control, the report said.

Prices of industrial products are unlikely to rise significantly, and labour cost increases in China have yet to be reflected in consumer inflation.

It said the pace of inflation in 2007, although it is exceeding Beijing's target, is still within a range the government can control. Monetary tightening and yuan appreciation in China are expected to have some cooling effects on inflation.


(For more biz stories, please visit Industry Updates)



剑河县| 巴中市| 喀什市| 娱乐| 天水市| 南木林县| 鲜城| 洛浦县| 兴文县| 郸城县| 佳木斯市| 沿河| 中山市| 右玉县| 海原县| 资溪县| 镇原县| 马鞍山市| 新竹县| 郓城县| 双江| 无棣县| 黄大仙区| 禹城市| 府谷县| 泉州市| 永春县| 福贡县| 阿巴嘎旗| 盐山县| 汝南县| 台东市| 鹤岗市| 浏阳市| 麻栗坡县| 屯留县| 江山市| 博白县| 威信县| 琼中| 肇东市|