在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

   

Inflation to surpass 3% for full year

By Zhang Ran (China Daily)
Updated: 2007-08-30 07:24

This year's consumer inflation is likely to exceed the central bank's target of 3 percent, a top official said Wednesday.

"Given the relatively high inflation in the first seven months of the year, even if we step up control measures now, the consumer price rise will still probably be above 3 percent for the whole year," Su Ning, vice-governor of the People's Bank of China (PBOC), told a news conference in Beijing Wednesday.


 Su Ning, vice-governor of the People's Bank of China, makes a point at a news conference in Beijing August 29, 2007. [newsphoto]

"The central bank is paying close attention to changes in prices and will take further macroeconomic control measures to keep prices stable," Su said.

Spurred by surging food prices, the consumer price index, a key gauge of inflation, hit a 10-year high of 5.6 percent in July, up from 4.4 percent in June. The average inflation in the first seven months rose 3.5 percent year on year.

Food prices, which make up about a third of the inflation basket, rose 15.4 percent year on year last month. Prices in the first seven months rose 8.6 percent from the same period last year.

In a report to the Standing Committee of the National People's Congress, Ma Kai, minister of the National Development and Reform Commission (NDRC), said the government will take a slew of measures such as encouraging pig raising and increasing grain and vegetable supplies, to curb inflation.

"The government will also strengthen monitoring of prices and step up efforts to crack down on price cartels and illegal price rises," the minister said.

In an effort to curb inflation, the central bank last week raised interest rates for the fourth time this year. The benchmark one-year deposit rate is now 3.6 percent while the one-year lending rate is 7.02 percent.

"I expect the central bank to raise interest rates for the fifth time at the end of October," Li Zhikun, senior analyst at China Investment Securities Co Ltd, told China Daily.

Li estimated inflation in August to be above 6 percent due to the continuing rise of food prices, and forecast that inflation for the full year will likely to be around 4.2 percent.

Jun Ma, China economist at Deutsche Bank in Hong Kong, also estimated August inflation at round 6 percent; and believes the likely timing of the next rate hike will be in the second half of September.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 91久久精品日日躁夜夜躁欧美 | 91在线精品秘密一区二区 | 96av视频| 俺去俺来也在线www色官网 | 精品在线观看视频 | 免费观看一区二区三区毛片 | 国产精品成人国产乱一区 | 激情视频网址 | 亚洲性视频 | 色综合久久88色综合天天 | 高清乱码男女免费观看 | 一级片免费 | 国产乱码精品一区二区三 | 日本欧美精品 | 午夜天堂在线 | 国产日批视频 | 日韩伦理在线观看 | 黄色小视频在线 | 欧美人与性动交α欧美精品 | 在线视频一区二区 | 小镇姑娘国语版在线观看免费 | cao在线| 免费国产精品视频 | 免费观看全黄做爰大片视频美国 | 中文字幕在线观看网站 | 免费看黄色aaaaaa 片 | 一级做a视频 | 久色精品 | 日韩av一级片 | 成人午夜在线 | 香蕉视频一区二区 | av免费播放 | 成人激情视频网 | 色综合av| 欧美黄色片视频 | 一区二区三区网站 | 蜜桃视频一区二区 | 午夜爱| 日韩免费在线观看 | 一级黄色片在线观看 | 国产黄视频在线观看 |