Experts: China's full-year inflation target still attainable

0 CommentsPrint E-mail Xinhua, September 13, 2010
Adjust font size:

China can achieve its inflation target this year through proper management of expectations during the final quarter, despite the August inflation rate quickening to a 22-month high, experts said.

The consumer price index (CPI), a major gauge of inflation, is expected to peak in September as prices of farm products rise, Fan Jianping, a senior economist with the State Information Center (SIC), said Sunday.

In August, prices of pork, vegetables and eggs increased 9 percent, 7.7 percent and 8.3 percent, respectively, month on month, according to the National Bureau of Statistics (NBS).

Apart from farm products, rising labor prices and natural resources costs will push the September CPI higher still to be the peak for the year, Fan said.

Since the prices hike of farm products in August were mainly caused by extreme weather conditions, natural disasters and speculation in several farm products instead of strong industrial demand, they are temporary, CITICS Securities analysts said.

The impact on grain harvests of the natural disasters that hit some Chinese regions this year are manageable, according to Fan Gang, director of the National Economic Research Institute.

The forthcoming autumn harvest, which accounts for about 70 percent of China's annual grain output, will directly influence the inflation figure as food prices have about a one-third weighting in the calculation of the CPI, said Fan Gang.

China's annual grain production has recorded increases for six consecutive years, which means there are ample reserves, Fan Gang said.

Adequate food supply will ease inflationary pressures given international food prices haven't seen large fluctuations despite Russia's ban on grain exports until the end of the year, he said.

1   2   Next  


Print E-mail Bookmark and Share

Go to Forum >>0 Comments

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: 午夜dj在线观看免费高清在线| 激情freesexhd糟蹋videos| 成人午夜在线视频| 亚洲精品亚洲人成在线观看 | mm131嫩王语纯翘臀| 欧美成人一区二区三区在线电影 | 久草新在线观看| 欧美色图23p| 免费在线成人网| 日本色图在线观看| 成年美女黄网站色大片免费看| 亚洲日韩中文字幕一区| 西西大胆午夜人体视频| 国产精品视频第一区二区三区| 久久精品国产亚洲夜色AV网站 | 8av国产精品爽爽ⅴa在线观看| 大陆一级毛片免费视频观看i| 久久国产精品成人片免费| 狠狠夜色午夜久久综合热91| 国产免费小视频| 国产一区在线mmai| 天天干天天色综合| 久久永久免费人妻精品| 第一次处破女18分钟高清| 国产福利vr专区精品| 一区二区三区在线播放| 日韩欧美卡一卡二卡新区| 亚洲综合校园春色| 自拍欧美在线综合另类| 国产福利在线视频尤物tv| 48沈阳熟女高潮嗷嗷叫| 日本三级免费观看| 久久天堂AV综合色无码专区| 日韩精品视频免费网址| 全黄a免费一级毛片人人爱| jizz性欧美12| 天天夜碰日日摸日日澡| www.色亚洲| 无人高清视频完整版在线观看| 亚洲另类第一页| 精品三级AV无码一区|