Development and Reform Commission officials said, to prevent inflation, adequate physical infrastructure. Price Development and Reform Commission deputy director Wang Jun Zhou 10, said that although the prices of vegetables, and most necessities rising rapidly recently, however, important state material reserves sufficient to prevent inflation, the material basis and adequate means of protection. He recommended a series of measures to prevent inflation, including poor families in school students to urban and rural low-income groups such as certain subsidies.
A portfolio of previous anti-inflation policy, was not the most effective monetary policy, but rather that the administrative control measures. For example, the force level of command the price of vegetables rose 3 consecutive months, no more than 3%, or even banned in private to persuade the relevant industries and enterprises are not allowed to price increases. Therefore, market participants believe that liquidity in the market to tighten, the central bank's monetary policy can play a role is clearly greater.
◎ situation analysis
concerned that anti-inflation measures with Chinese characteristics, is the decision-making authorities believe that,
paul smith washbag, through price controls to control the price increase. Because the decision-making departments that inflation causes or is cost-push, or is that speculation. Therefore, do not rule out the administrative measures taken by the Development and Reform Commission direct the
Most people believe that the industry, CPI growth in one month rose rapidly from 3.6% to 4.4% of the reality proves that China has entered a
the debate about
However, the face of such doubt, Sheng shipped from structural price rises to be a rebuttal.
where ; medical care and personal articles than the Central rose 0.5%; entertainment and educational products and services prices rose 0.1% qoq; housing prices than the Central rose 0.9%.
of the academics in the above-mentioned situation is likely to continue to spread.
So, what is meant by Thunder, chief economist at Guotai Junan Li told reporters,
个税改革热“两会” 折射高增长下“共富”期待, He said that If you do not timely diversion of such sentiment, inflation is expected to have the butterfly effect, and to further commodity price hikes and eventually evolved into a more severe
Earlier, officials of the State Development and Reform Commission, said,
new release of the central bank's mainly short-term inflation expectations.
for Oct. rapid rise in food prices, Sheng to transport said that apart from cost-push and a more adequate liquidity, there are two key reasons. First, foreign agricultural products, and commodity prices affect domestic prices, while raw material prices, especially crude oil prices, including agricultural products, including a direct impact on production costs; second factor is the natural disasters, 10 supply of land on Hainan important vegetable floods, food prices have a huge impact.
CPI classification index appeared in the October chain
a number of scholars pointed out that the so-called ways for intervention. For example, raise the reserve ratio, raising interest rates, cut up so and so, one less.
scholars agree that the industry, a number of ministries and commissions jointly control, that a
State Statistical Bureau spokesman, said Sheng to transport, food and housing prices rise in CPI in October is the major promoter. Which food prices rose 10.1%, 74% for the CPI contribution; housing prices rose 4.9%, 16.6% for the CPI contributed.
Indeed, this Not only is the consumer price index rising, industrial production, such as raw materials, commodities and other prices have also continued to rise. Now, these two fields of data have shown that a new round of price increases is spreading.
◎ countermeasures
Credit Suisse in Hong Kong, Dong Tao, chief Asia economist also said that the Chinese government began to no longer believe that inflation will soon peak, the Government must re-examine the outlook for inflation and considering the so-called quantitative easing policy.
beginning of this year, the state was given control inflation target of 3%. Today, less than two months of the year from the inflation index hit record highs in October and even reached 4.4%, does that mean the era of overall inflation?
out what action to stabilize prices and prevent inflation from getting worse? Market participants look forward to many more ministries jointly started a new round of Chinese-style
Sheng to Win at the news conference, said, Some countries in particular, to launch a new round of monetary easing policy,
volleyball asics,
tennis asics 江苏河北两家生产问题疫苗企业受到药监, the further pushed up prices of raw materials and agricultural products,
盛来运:工业增速反弹显示国民经济运行态势良好, these new conditions on China's economic development,
timberland boots blue, including price movements will have a certain impact.
11 11, National Bureau of Statistics economic data released in October. October CPI rose 4.4%, the highest in nearly 25 months to a new high, full light
Tie Gang, vice president of Shandong University of Economics believes that the current price increases are structural rise by food, housing prices caused, rather than a general rise in form of a , full up. Shun Gao Shanwen Securities chief economist said, CPI rose significantly higher than expected, show that China has entered the inflation channel. He expects the second quarter of next year, China's CPI increase will be more than 5%, 4% year over year growth rate also.
◎ Data Analysis
the face of severe pressure on overall inflation, the central bank,
paul smith billfold wallet, Development and Reform Commission and other ministries jointly A day earlier, the central bank announced the increase of the deposit reserve ratio by 0.5 percentage points. In the past 40 days, which is the second time the central bank to raise reserve ratio and interest rates by 25 basis points during the period.
Central University of Finance and the China Banking Research Center, Guo Tian Yong pointed out that how to deal with inflationary pressures will become the fourth quarter of next year's economic work and even the . Guo Tian Yong, said: If you can work together with the place, I think the number of months during the year may also go down.
Speaking of coping mechanisms, Zhou Wang Jun said, National rice, wheat reserves sufficient, much higher than the world's reserve to normal levels. Dependence on international markets even higher degree of cooking oil, the country's reserves is considerable. Development and Reform Commission Zhang Ping,
tutu dresses, according to 9, this year, and then record high point of China's grain output, oil stocks are more abundant. Edible oil This year's soybean harvest, imports will be more, there is no oil supply problem.