|
BIZCHINA> Survey/Opinion
![]() |
|
Economist: Core CPI is still safe
By Hao Zhou (chinadaily.com.cn)
Updated: 2007-11-14 14:22 The sizzling consumer price index (CPI) is primarily driven by foodstuff prices and does not signal full-round inflation, said Yao Yingyuan, general economist from the National Bureau of Statistics (NBS), according to Xinhuanet.com.
Yao said only five of the eight consumer prices categories accounted by the NBS were on the rise in recent months, and only foodstuff prices were soaring due to structural growth. "The best indicator of inflation is a comprehensive rise in consumer prices. We therefore haven’t run into full-scale inflation yet," Yao said. However, it is unlikely the CPI will go down within a short period, Yao added. He predicted CPI in the last two months this year will continue down a tightrope, but yearly growth will be restrained as CPI in November and December last year were also high. (For more biz stories, please visit Industries)
|
||||
鹤山市| 澄迈县| 丹棱县| 呈贡县| 上饶市| 平泉县| 陕西省| 商河县| 南投县| 罗田县| 墨江| 石城县| 桑日县| 万年县| 兴义市| 芮城县| 监利县| 喀什市| 林甸县| 项城市| 岗巴县| 广宗县| 丽水市| 湖南省| 靖州| 平遥县| 将乐县| 兴山县| 东兰县| 永仁县| 镇沅| 阿荣旗| 泰顺县| 永新县| 夏邑县| 叙永县| 囊谦县| 宁强县| 温宿县| 大理市| 彝良县|