久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Chinadaily.com.cn
 
Go Adv Search

China CPI growth rebounds to 3.6% in March

Updated: 2012-04-09 09:52

(Xinhua)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

China CPI growth rebounds to 3.6% in March

BEIJING - China's inflation rebounded slightly in March after logging a relatively low growth in February, but analysts generally believe prices will drift lower in the following months despite lingering uncertainties.

China's consumer price index (CPI), a main gauge of inflation, expanded 3.6 percent year-on-year in March, the National Bureau of Statistics (NBS) said Monday.

The growth represents a climb from the 3.2-percent rate registered in February, the lowest pace in 20 months.

Despite the rebound, analysts said the overall downward trend of inflation will not be changed for the whole year as factors that drove up the index are mostly short-lived.

As a major driver of the growth, China's food prices, which account for nearly one-third of the weighting in the CPI calculation, increased 7.5 percent last month from one year earlier.

Statistics from the Ministry of Commerce (MOC) showed that the wholesale prices of 18 staple vegetables rose for four consecutive weeks from February, posting an increase of 9.7 percent by early March.

Tang Jianwei, senior analyst at the Bank of Communications, attributed the surge to inclement weather and held that the trend will be stemmed when the weather gradually warms up.

Citing MOC data, he said vegetable prices already began to drop in late March.

The price of pork, China's staple meat, went up 11.3 percent year-on-year in March, pulling back 4.6 percentage points from February.

Prices of non-food items climbed 1.8 percent year-on-year in February, up 0.2 percent on a monthly basis.

The latest rebound also comes as the public fret over fuel price hikes that have triggered a fresh wave of inflation concerns.

To reflect price changes on the international crude oil market, China last month lifted fuel prices for the second time in a year.

Though oil price hikes have had only a minor impact on CPI growth as fuel only plays a small part in the calculation, the pass-on effect, which would affect the key logistics sector, should not be ignored, analysts said.

Zhao Xijun, deputy dean of the School of Finance at Renmin University, said the price rises will gradually be reflected in the index when squeezed enterprises begin to pass on the cost to consumers.

He also warned about possible risks of imported inflation because of volatility in the international market, adding the biggest uncertainty lies in oil prices if the situation in the Middle East worsens.

Even though uncertainties abound, analysts are largely optimistic that the government can meet its price control target for the year, as the rounds of tightening policies earlier on will continue to wield influence.

The government is aiming to keep CPI increases to around 4 percent.

The country's CPI climbed 3.8 percent in the first quarter compared with the previous year.

China's inflation went beyond the government's full-year target of 4 percent last year, hitting 5.4 percent, and only begun to show signs of easing this year as the government's efforts to hem in the runaway prices gradually worked.

China's central bank raised banks' reserve requirement ratio (RRR) 12 times to a record high of 21.5 percent between 2010 and December 2011. It has also hiked interest rates five times since October 2010.

As inflation concerns gradually ease, the government is taking cautious steps, including an RRR lowering in November 2011 and again in February this year, to loosen policies in a bid to spur the slowing economy.

Lu Zhengwei, chief economist of the Industrial Bank, said he expects another cut later this month.

 

主站蜘蛛池模板: 欧美做爱毛片 | 黄色美女毛片 | 男吃女下面刺激视频免费 | 亚洲精品成人一区 | 91视频一区 | 亚洲天堂男人的天堂 | 亚洲国产欧美在线人成aaa | 国内精品视频九九九九 | 一级毛片视屏 | 日韩 国产 欧美 精品 在线 | 午夜手机福利 | vvvv99日韩精品亚洲 | 欧美一级第一免费高清 | 国产成人一级 | 日韩 亚洲 制服 欧美 综合 | 黄色aaa毛片| 一级成人毛片免费观看 | 成人永久免费视频网站在线观看 | 国产一级二级三级视频 | 99久久99久久久精品久久 | 欧美一线不卡在线播放 | 亚洲美女自拍视频 | 免费视频久久久 | 手机在线看片福利 | 看美国毛片| 国产成人精品亚洲777图片 | 亚洲欧洲国产精品 | 久久免费手机视频 | 成年大片免费视频播放手机不卡 | 国产高清精品一区 | 日韩精品一区二区三区 在线观看 | 久久久久欧美精品观看 | 精品在线一区二区三区 | 日本一级aaaa特黄毛片 | 亚洲精品www久久久久久久软件 | 久草视频国产 | 国产欧美日本在线观看 | 精品亚洲一区二区 | 亚洲aa | 国产成人午夜精品免费视频 | 欧美1314性欧美 |