Date
26 April 2018

China’s CPI in check for 2013, 2014, paper says

China looks set to keep the consumer price index within 3.5 percent this year, even though there are still two months to go, the Securities Times reported Thursday, citing Yao Jingyuan, former chief economist at the National Bureau of Statistics, as saying. Yao added that a stable monetary policy is key to keeping the CPI under control. Deputy director of pricing at the National Development and Reform Commission Zhou Wangjun said CPI growth in 2014 can be held at a moderate and controllable level. According to official figures, CPI growth for September was 3.1 percent, the report said.

– Contact HKEJ at [email protected]

EL/AC/SK

 

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